Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group LP, received $213.3 million in pay and cash dividends last year, the private-equity firm reported yesterday in a filing, almost matching his payout of $213.5 million a year earlier.
Leon Black, co-founder and chief executive officer of Apollo Global Management LLC, received $125.5 million in compensation and cash dividends last year as his payout climbed from $77.3 million a year earlier.
National Basketball Association owners unanimously approved the sale of the Philadelphia 76ers to a group led by Apollo Global Management LLC co-founder Joshua Harris and David Blitzer, who moved to London from New York in 2002 to create the European office of Blackstone Group LP.
In a private dining room at the Beverly Hills restaurant Spago, four dozen financiers gathered in April for a dinner put on by one of their own: Leon Black , head of private equity giant Apollo Global Management LLC .
U.S. prosecutors are preparing what would be the first criminal charges against BP Plc staff after the worst U.S. oil spill last year, the Wall Street Journal reported, citing unidentified people familiar with the matter.
Leon Black’s Apollo Global Management LLC is seeking to acquire control of Athene Holding Ltd. as the private-equity firm increasingly turns to the insurance business for assets to invest in high-yield and distressed debt.