💰 Financial Record

This document is page 7 of a Morgan Stanley research report titled 'North America Insight' bearing the Bates stamp HOUSE_OVERSIGHT_025557. It analyzes the financial impact of Alternative Asset Managers (including Apollo Global Management, Blackstone, and KKR) converting from partnerships to C-corporations, specifically looking at tax rates and P/E multiples. While no specific individuals are named, the document is likely part of the House Oversight Committee's investigation into financial ties involving entities like Apollo (APO) and their executives' connections to Epstein.