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Private Equity Leon Black

  • *Assets under management $247.4 bln in Q1 vs $248.9 bln end 2017. May 3- Buyout firm Apollo Global Management LLC reported its first quarterly loss in two years on Thursday, as stock market jitters weighed on its holdings, including a lackluster listing of its home security business ADT Inc.. That rally came to an end in the first quarter, amid a trade dispute between...

  • *Assets under management $247.4 bln in Q1 vs $248.9 bln end -2017. May 3- Buyout firm Apollo Global Management LLC reported its first quarterly loss in two years on Thursday, as stock market jitters weighed on its holdings, including a lackluster listing of its home security business ADT Inc.. That rally came to an end in the first quarter, amid a trade dispute...

  • BEVERLY HILLS, Calif., May 2- The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. At the Beverly Hills, California, event featuring lavish parties, celebrities and big Wall Street names, speakers argued that chasing returns does not have to come...

  • BEVERLY HILLS, Calif., May 2- The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. At the Beverly Hills, California, event featuring lavish parties, celebrities and big Wall Street names, speakers argued that chasing returns does not have to come...

  • March 1- Blackstone Group LP co-founder and Chief Executive Steven Schwarzman took home about $786 million last year, making him the private equity industry's highest earner, a regulatory filing showed on Thursday. In January, Blackstone agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters Corp, the parent of Reuters News, in a $20...

  • BERLIN, Feb 27- Leveraged buyouts are the priciest they have been at anytime since the 2007-2008 financial crisis, but private equity firms are not sitting on the sidelines. "There are always pockets of opportunity," Prakash Melwani, Blackstone Group LP's chief investment officer for private equity, said at the SuperReturn conference in Berlin.

  • *Assets under management $248.9 billion at end-December. Feb 1- Alternative asset manager Apollo Global Management LLC said on Thursday its fourth-quarter economic net income rose by almost 25 percent to $490.3 million year-on-year, boosted by a strong appreciation in its private equity business. New York- based Apollo's assets under management totalled...

  • Saudi Arabia's Crown Prince Mohammed bin Salman.

    The kingdom is embarking on a big experiment as it diversifies its oil-based economy, and executives looking for investment are making their pitches.

  • Carl Icahn

    It's Carl Icahn's 80th birthday. He's made an average of $581,793 each day he's been alive.

  • “Bust of a Woman” by Pablo Picasso, 1931

    Just to be safe, double check the receipt

  • Pablo Picasso's “Les femmes d’Alger (Version O)”

    Buyer still at large

  • Leon Black, chairman and chief executive officer of Apollo Global Management

    Carl Icahn was feted by friend and fellow billionaire Leon Black at a charity event for skin cancer.

  • Leon Black

    Hedge and private equity funds are filling the void left by more cautious banks in lending to small and medium-size business.

  • Leon Black

    Major private equity managers, including several billionaires, gave their best investment idea at the Milken conference.

  • Ken Griffin

    The financial community—including Steve Schwarzman, Ken Griffin and Steve Cohen—will once again figure prominently at Milken.

  • Detail of "Elephant" by artist Nam June Paik, Carl Solway Gallery

    Global art market shatters records at $53B

  • Huntsman: Romney an honorable man

    Discussing whether Mitt Romney will run for president again, with Jon Huntsman Sr. of Huntsman Corporation.

  • Leon Black, chairman and CEO of Apollo Management

    Good investments are more difficult to find in the U.S., and Europe is likely a better place, said Leon Black, CEO of Apollo Global Management said.

  • Hostess Twinkies

    Hostess plans to have Twinkies and other snack cakes back on shelves starting July 15.

  • Leon Black

    The big private equity guys at the Milken Institute Global Conference are selling, refinancing and avoiding buying almost everything.