Gelonghui on November 20th | The "Trump effect" on Wall Street has pushed the value of star dealmaker Paul Taubman's holdings in PJT Partners to over 1 billion US dollars for the first time. The boutique investment bank, founded 10 years ago, is poised to benefit from the expected surge in corporate activity following the election. Since Trump's victory earlier this month, PJT Partners' stock price has risen by nearly 10%, with bankers and investors preparing for a wave of mergers and acquisitions during the next presidential term. Taubman holds approximately 15% of the company's publicly traded shares, currently valued at 1.1 billion US dollars. JMP Securities analyst Devin Ryan stated that PJT is in an unprecedented advantageous position in achieving revenue growth, and as the M&A market rebounds from its current subdued levels, the company's significant investments in strategic consulting are expected to yield increasing returns.
华尔街准备迎接并购潮，“特朗普效应”催生又一位亿万富翁
Wall Street is preparing for a wave of mergers and acquisitions, with the "Trump Effect" creating another billionaire.
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