3min chapter

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INSIDE THE STORY: Private Equity’s Senator Gets Big Payout

Lever Time

CHAPTER

What Is the Estimate of How Much Toomey Will Be Paid?

While in the Senate, Toomey pushed legislation that would have benefited the private equity industry. He retired this past January; he is now on the corporate board of Apollo Global Management. New directors at Apollo are being granted a baseline $150,000 salary and up to $600,000 in stock.

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