“I think it’s great,” said Marc Lasry, the CEO of investment firm Avenue Capital Group. “She’s going to help Joe immensely. He picked the perfect partner.” Lasry is also a part owner of the NBA’s Milwaukee Bucks.

Blair Effron, the co-founder of Centerview Partners, texted “GREAT CHOICE” to CNBC. Citigroup’s Ray McGuire sent a similar message.

When she ran for president last year, Harris saw contributions from executives in a wide range of industries, including film, TV, real estate and finance, according to data from the nonpartisan Center for Responsive Politics. Her campaign finished raising close to $40 million…

Financial advisory firm Signum Global is already telling its clients that the choice of Harris reinforces the notion that the Democratic ticket is more moderate than progressive.