Evercore (EVR) founder Roger Altman discusses the outlook for AI-related stocks, the US economy and M&A activity. Speaking on "Bloomberg The Close," Altman also says inflation isn't a threatening factor amid solid US economy growth.
Mr. Roger C. Altman is Founder & Senior Chairman at Evercore Capital Partners, Founder & Chairman at Evercore Venture Partners LLC, Senior Chairman at Evercore, Inc., Co-Chairman at New Visions for Public Schools, Inc. and a Member at Council on Foreign Relations, Inc. He is on the Board of Directors at NewYork-Presbyterian Hospital, Conservation International Foundation and American Museum of Natural History.
Mr. Altman was previously employed as Vice Chairman by Blackstone Corporate Private Equity, Vice Chairman by The Blackstone Group, Inc., Assistant Secretary by US Department of The Treasury, and a Trustee by MIT Corp. (US). He also served on the board at Lehman Brothers Asset Management LLC.
He received his undergraduate degree from Georgetown University and an MBA from The University of Chicago.
Evercore Inc. is an independent investment banking advisory company. The Company operates in two segments: Investment Banking & Equities and Investment Management. The Investment Banking & Equities segment includes the investment banking business through which it provides advice to clients on mergers, acquisitions, divestitures, shareholder activism and other strategic corporate transactions with a particular focus on advising multinational corporations and private equity firms on large, complex transactions. It provides liability management and restructuring advice to companies in financial transition, as well as to creditors, shareholders and potential acquirers. The Investment Management segment includes the wealth management business, through which it provides investment advisory, wealth management and fiduciary services for high-net-worth individuals and associated entities, and the private equity business, which holds interests in private equity funds, not managed by the Company.
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