Apollo Global Management
Coverage of Apollo Global Management in the Nexus archive.
- Top economist says AI just hasn’t delivered on the productivity hype—and it means a ‘painful repricing’ of markets is very possible
Top economist Torsten Slok warns that AI has not yet delivered widespread productivity gains beyond tech companies, creating a risk of market repricing if returns on AI investments fail to materialize. He highlights regulatory and integration challenges slowing AI adoption in most sectors, with data showing profit margins for non-tech firms lagging behind tech giants like the Magnificent Seven.
- House committee subpoenas Leon Black in the middle of closed-door interview about Jeffrey Epstein
The House Oversight Committee subpoenaed Leon Black during a closed-door interview about his financial interactions with Jeffrey Epstein. The subpoenas followed Black's refusal to answer questions about non-disclosure agreements (NDAs) tied to Epstein. The committee seeks information on Epstein's potential involvement in NDAs and related payments.
- Billionaire Leon Black defends $158M paid to Epstein: ‘I knew Jekyll. I didn’t know Hyde’
Billionaire Leon Black testified before the House Oversight Committee, defending $158 million paid to Jeffrey Epstein, claiming he was unaware of Epstein's criminal activities until 2019. Black, co-founder of Apollo Global Management, stated the payments were for legitimate services and denied allegations of wrongdoing. The committee is investigating ties between Epstein and influential figures.
- Billionaire Leon Black defends $158M paid to Epstein: 'I knew Jekyll. I didn't know Hyde'
Leon Black testified before the House Oversight Committee, defending his $158 million payments to Jeffrey Epstein, claiming he was unaware of Epstein's illegal activities until 2019. Black stated the payments were for legitimate services and denied any criminal wrongdoing.
- Billionaire Leon Black defends $158M paid to Epstein: ‘I knew Jekyll. I didn’t know Hyde’
Leon Black, co-founder and former chief executive of Apollo Global Management, paid $158 million to Jeffrey Epstein, defending the payments as legitimate for tax and estate planning. He appeared before the House Oversight Committee, denying any criminal wrongdoing as part of an investigation into Epstein's financial ties.
- Leon Black tells House Oversight he had no knowledge of Jeffrey Epstein’s crimes
Leon Black testified before the House Oversight Committee that he had no knowledge of Jeffrey Epstein’s crimes during their financial association, despite acknowledging awareness of Epstein’s 2008 sex crime conviction. Black stated he stopped working with Epstein in 2018 due to financial and ethical concerns, while denying allegations of sexual misconduct against him as 'baseless.'
- Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein
Billionaire investor Leon Black is testifying before the House Oversight Committee regarding $158 million in payments to Jeffrey Epstein between 2012 and 2017. The payments were described as tax and estate planning services by a 2021 Apollo review, while Epstein was under investigation for sex trafficking. Other figures like Bill Gates and Richard Kahn have also testified about their ties to Epstein.
- Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein
Billionaire investor Leon Black is testifying before the House Oversight Committee regarding $158 million in payments to Jeffrey Epstein, as part of an investigation into Epstein's network linked to sex trafficking allegations. A 2021 Apollo review stated the payments were for tax and estate planning, while Senate investigations suggest Epstein acted as a middleman for Black's payments to women.
- The job market is still rough. The next step in your career might be becoming your own boss.
Bonnie Chiurazzi started her own market research firm, Vibe Insights Lab, after being laid off in 2024, leveraging her expertise and savings. The article highlights a growing trend of job seekers turning to entrepreneurship amid a challenging job market, with LinkedIn data showing a 75% surge in US business founders since 2022. Challenges persist in sectors like tech and finance, but self-employment is seen as a viable alternative.
- Apollo's Kleinman Says PE Needs to Start Capitulating on Valuations
Apollo Global Management Co-President Scott Kleinman states that longer hold periods in private equity are reducing internal rates of return, urging stakeholders to adjust valuations. The comments were made during a Bloomberg interview at the SuperReturn conference in Berlin.
- Apollo’s West Technology Is in Talks to Sell Remaining Business
Apollo's West Technology is in talks to sell its remaining business, as active managers face challenges beating indexes in public markets. Apollo's CEO notes the ease of finding alpha in private markets. The company's signage is visible in New York, US.
- Private Equity Faces Profit Timing Gap
Private equity firms are facing a profit timing gap due to various market conditions. This gap may impact their ability to generate returns for investors. The situation is being closely monitored by industry experts.
- Apollo Private Credit Fund Reports Loss on Portfolio Weakness
Apollo Private Credit Fund reported a loss due to portfolio weakness. Apollo's CEO stated that it is becoming harder for active managers to beat indexes in public markets. The CEO believes investors can find alpha in private markets instead.
- Federal judge says lawyer ‘lied repeatedly’ during Epstein-linked suit against billionaire Leon Black
A federal judge sanctioned attorney Jeanne Christensen and her firm Wigdor LLP for 'serious, sanctionable misconduct' in a lawsuit against billionaire Leon Black, linked to Jeffrey Epstein. The judge ruled that evidence, including falsified sonograms, could not be used but allowed the case to proceed. Leon Black's legal team called the plaintiff's credibility 'destroyed.'
- Apollo Nears €1.4 Billion Deal for Forvia’s Interior Unit
Apollo Global Management is nearing a €1.4 billion deal to acquire Forvia’s interior unit. The transaction highlights a major business acquisition in the automotive sector.
- Inside the $21T ETF Industry, Apollo's Role in 'PRIV | ETF IQ 4/20/2026
The article discusses the $21 trillion ETF industry and highlights Apollo Global Management's role in the 'PRIV' ETF, as reported by ETF IQ on April 20, 2026. The focus is on Apollo's strategic involvement in this financial product.
- Hedge Funds’ Treasury Bets Risk Market Shock, Apollo’s Slok Warns
Hedge funds' positions in US Treasuries could lead to market instability, warns Apollo's Slok. The article highlights risks associated with concentrated bets in government debt.
- KKR and Apollo Among Potential Suitors for Portugal’s Logoplaste
KKR and Apollo Global Management are among potential buyers for Portugal's Logoplaste, a packaging company. Filipe De Botton, the chairman of Logoplaste Luso Lda, is involved in the ongoing discussions.
- Apollo’s Cornell, Client Coverage Head, Leaves After Four Years
John Cornell, Apollo Global Management's Client Coverage Head, has left the company after four years. Apollo's CEO highlighted challenges for active managers in public markets and emphasized opportunities for alpha in private markets.