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Benzinga
Benzinga
Business
Tanya Rawat

Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announced'

V Brad Gerstner Trump Robin Vince Altimeter Capital
Dollar,Money,And,American,Flag.,Bankrupt,Man,Counting,Money,Cash.

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children.

Speaking on Fox Business “Mornings with Maria” on Wednesday, Gerstner said the program has already attracted significant private-sector interest beyond publicly announced commitments.

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