Apollo CEO sets record straight on Epstein relationship

Global alternative investment management firm Apollo Global Management Inc (NYSE: APO) reported Thursday morning third quarter results and CEO Leon Black publicly set the record straight on his relationship with the late financier Jeffrey Epstein. Q3 results Apollo, a publicly-traded entity, said that its total assets under management rose $102 billion from the end of 2019 to $433 billion. The growth is attributed to a combination of organic growth from insurance clients, new capital raises for existing strategies, meaningful transactions, and the launch of new initiatives. Dry powder, that is committed but unallocated capital, stood at $45.8 billion at the