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LEON BLACK APOLLO
Bank of America agrees to pay $72.5 million to settle Epstein accusers' lawsuitBank of America has agreed to pay 72.5 million dollars to settle a lawsuit. Women accused the bank of facilitating their abuse by Jeffrey E...- Second woman accuses billionaire Leon Black of sexual abuse for over a period of 6 yrsThe accuser said that Epstein had arranged her meeting with Black in 2002 for a $300 massage.
- An ex-CEO admits he paid to hide an affair, denies it led to his Apollo exitBlack had previously planned to step down by the end of July as CEO of the firm he co-founded.
- Buyout fund Apollo Global joins race for BPCLSubmits EoI; to partner with global oil major to create consortium within 45 days of submission of offer
- PE firm AION Capital set to become single-largest shareholder in DHFLThe home financier is looking at various options to raise money.
- Warren Buffett barely makes more than average Berkshire workersBuffett, who is worth about $88.8 billion, has an annual compensation of $100,000 or just 1.87 times the median employee’s pay of $53,510.
- Apollo Global, Aion likely to join ex-veterans Pramod Bhasin, Anil Chawla in GE Capital bidThis highlights a growing trend of PE groups backing incumbent managements or seasoned professionals to buy out domestic businesses or oper...
- The US just sanctioned a fund that was connected to some of the biggest names in financePrivate equity moguls Steve Schwarzman of Blackstone, David Bonderman of TPG, and Leon Black of Apollo Global Management all served at RDIF.
- ‘Sell-everything’ call gains currency: Leon BlackFirms including Blackstone Group and TPG Capital Management have been capitalising on record stock markets around the world to sell shares.
- Apollo Global Management, ICICI Venture plan NBFC to fund asset purchasesPrivate equity funds Apollo Global Management and ICICI Venture are planning a joint venture non-banking finance company to lend for asset ...
- Buyout firm Apollo eyes deals hereApollo Global Management, the buyout firm run by Drexel Burnham Lambert alumnus Leon Black and Joshua Harris, may be late among peers in In...
- Lehman to sell 50 pct in reorganized Innkeepers for $108 mnLehman Brothers Holdings Inc said it agreed to sell 50 per cent of the equity it would receive under Innkeepers USA Trust's reorganization ...
- PE-backed IPOs in US leave buyers with worst 2010 returnsThe failure of buyers to profit from share sales may hamper PE firms as they try to offload some of the $2 trillion in leveraged buyouts.
- RIL closes up 1% amid reports of Lyondell bid failing
- Apollo Management to launch Asia Pacific property fundApollo Management is launching an Asia Pacific property fund, with an expected USD 500 million to USD 1 billion under management.
- Tata-Quippo eyes PE funds for Aircel armTata-Quippo is in advanced stages of negotiations with New York-based private equity fund Apollo Management to finance acquisition of cellu...
- Forget slowdown, PEs are still heading to IndiaA slowdown in private equity(PE) dealmaking in India has not altered the plans of new PE firms including some bulge-bracket funds to set sh...
- GHCL keen on buying US furnishing firm-Linens ’n ThingsThe company buying Linens ’n Things could form special purpose vehicles and offer stake to some private equity firm to fund the buyout.
- Apollo to acquire US home broker Realogy for $6.4bApollo Management agreed to buy Realogy, the owner of the Century 21 and Coldwell Banker real-estate brokers, for about $6.4 billion in a s...
- LBO kings lose money in public forayHenry Kravis and Leon Black, the kings of leveraged buyouts, have made a fortune for investors by doing deals in private. Now, they’re losi...
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