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(Bloomberg) -- Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNew York’s Transit Agency Appr

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As investors assess the impacts of President-elect Donald Trump's second term in the White House, Thomas H Lee Partners Co-CEO Scott Sperling joins Catalysts Hosts Seana Smith and Madison Mills to outline his outlook for private equity. Mark Rowan, the CEO of Apollo Global Management (APO), Yahoo's parent company, and a contender for Trump's Treasury secretary pick, told Yahoo Finance that he expects "you will see for us small additions to our capability through acquisitions." The private equity company CEO added, "We have so much to do in just our base business that it's some new toys." "One of the things that that we're expecting with the new administration is a significant bump in the potential for growth in the overall economy and a reduction in the cost of doing business through a number of the things that you just mentioned," Sperling says, adding, "I think probably most powerfully, it has been a very onerous regulatory regime over the last four years." He says that regulatory hurdles under the Biden administration raise "the bar significantly in terms of the cost of [mergers and acquisitions] M&A. But there are many, many areas where just the overall cost of doing business in the country has risen significantly because of the regulatory environment." Sperling adds, "All of this has been exacerbated by recent moves to try to take some of our leading technology champions and put them under significant pressure, again from an antitrust perspective, but also in other regulatory areas. All putting a little bit of a pall over the area that the markets find to be most interesting from a growth perspective." Disclosure: Yahoo Finance is owned by Apollo Global Management. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

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There’s a flipside to executives’ race to helm President-elect Donald Trump’s economic team: major firms on Wall Street look set to lose their leaders, with uncertain repercussions for their stocks.

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APO's impressive performance and strong 5-year growth outlook are promising.

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Piper Sandler analyst John Barnidge initiated coverage of Apollo Global (APO) with an Overweight rating and $188 price target Apollo is at the center of “several key secular themes,” the analyst tells investors in a research note. The firm says there is a continually growing total addressable market for the company via product and demographics addressing the “silver tsunami that is the baby boomer generation.” Apollo is re-defining the financial services industry due to superior asset and liabil

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The Financial Times separately reported on Tuesday that Rowan has emerged as a top contender for the Treasury job, citing several people familiar with the matter. The Trump transition team did not immediately respond to a request for comment, while Apollo declined to comment on the reports.