Billionaire Leon Black’s private-equity firm Apollo Global Management has raised a record $23.5 billion for the world’s biggest-ever buyout fund, according to a report. The boffo raise eclipses the previous record set by billionaire Stephen Scharzman’s Blackstone Group, which cobbled together a $21.7 billion fund at the height of the buyout boom in 2007, the...
NYS Entity Status
NYS Filing Date
OCTOBER 16, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - APOLLO CAPITAL SPECTRUM FUND, L.P.
AROUND THE WEB
- Leon Black’s Apollo raises biggest buyout fund ever
By Post Staff Report - Wednesday Jun 28, 2017
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...
- Private Equity Investors Have $740 Billion to Spend, Driving Valuations
By Benjamin Romano - Thursday Aug 17, 2017
Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. As of Aug. 1, private equity firms in North America and Europe had secured $212.6 billion in new commitments this year, on pace to eclipse the “already stellar” fundraising […]
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Leon Black’s Apollo Global sued over alleged fraud
By Josh Kosman - Friday Aug 4, 2017
Leon Black’s Apollo Global Management conspired to swipe a $20 million stake in a Dutch logistics company held by a group of former executives, a lawsuit filed in a Florida federal court contends. Apollo pulled off the alleged fraud in 2013 by arranging a debt-for-equity restructuring of the then-struggling Ceva without notifying the management of...