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
FEBRUARY 13, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - APOLLO TOTAL RETURN FUND (OFFSHORE) LTD.
AROUND THE WEB
- Leon Black’s Apollo raises biggest buyout fund ever
By Post Staff Report - Wednesday Jun 28, 2017
- Trump slams NY Times story about Pence 2020 bid as ‘totally inept’
By Yaron Steinbuch - Monday Aug 7, 2017
President Trump slammed The New York Times early Monday for reporting that several Republicans — including Vice President Mike Pence — are angling for a presidential run in 2020. “The failing @nytimes, which has made every wrong prediction about me including my big election win (apologized), is totally inept!”
- 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...
- Red Bull heir’s trail exposes co-founders’ shady offshore deals
By Associated Press - Thursday Aug 17, 2017
The Bangkok billionaire family that co-founded Red Bull, the world’s leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan’s fugitive son was last seen. The Yoovidhya family’s efforts to hide assets show how easily major global financial players can routinely — and,...
- 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.
- Nearly 2 tons of seized ivory to be crushed in Central Park
By MARY ESCH, Associated Press - Thursday Aug 3, 2017
ALBANY, N.Y. (AP) — Nearly two tons of trinkets, statues and jewelry crafted from the tusks of at least 100 slaughtered elephants are heading for a rock crusher in New York City's Central Park to demonstrate the state's commitment to smashing the illegal ivory trade.[...] state environmental officials, who are partnering with the Wildlife Conservation Society and Tiffany & Co. for Thursday's "Ivory Crush," say no price justifies slaughtering elephants for their tusks.Last year, the U.S. Fish and Wildlife Service instituted a near-total ban on the domestic commercial ivory trade and barred sales across state lines.Since August 2014, New York law has prohibited the sale, purchase, trade or distribution of anything made from elephant or mammoth ivory or rhinoceros horn, except in limited situations with state approval.The World Wildlife Fund says the illegal wildlife trade not only threatens animal populations, but also endangers national security by funding terrorist cells.