Leon Black News
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Apollo Global Management LLC, the private-equity firm run by billionaire Leon Black, made an offer for Rio Tinto Group’s Canadian iron-ore operations, according to a person familiar with the situation.
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Wall Street is ramping up financing to private-equity firms buying homes to rent, helping them accelerate purchases as competition increases and prices jump.
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Apollo Global Management LLC, the private-equity firm run by Leon Black, plans to give fund investors all fees levied on companies in its next flagship pool, according to two people familiar with the situation.
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Apollo Investment Corp., a New York- based provider of business loans, is nearing an agreement to buy health-care lender MidCap Financial LLC for about $500 million, said people familiar with the matter.
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Henry Kravis and Leon Black benefit- hopped last night from the Leveraged Finance Fights Melanoma event at Rockefeller Center to the Museum of Modern Art’s Party in the Garden.
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Apollo Global Management LLC is the top-performing stock among publicly traded alternative-asset managers as Chief Executive Officer Leon Black demonstrates that reaping gains from buyout holdings while raising new investment funds is the key to pleasing stockholders.
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Spain’s Sareb, set up last year to acquire 90 billion euros ($116 billion) of soured real estate assets at a discount from rescued lenders, is preparing its first sale, known as ‘Project Bull,’ to test the beleaguered property market’s ability to attract investors.
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Leon Black, chief executive officer of buyout firm Apollo Global Management LLC, said prices for traditional buyouts have risen so much that it’s a good time to sell.
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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 .
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AREA Property Partners LP, the real estate investment firm William Mack co-founded with Apollo Global Management LLC’s Leon Black, agreed to be acquired by Ares Management LLC.
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