- "I deeply regret having any involvement with [Jeffrey Epstein]," says Apollo Global (NYSE:APO) Chairman and CEO Leon Black in a letter to the private-equity player's investors.
- Black's letter follows a report in the NYT this morning saying that he curiously paid as much as $75M to Epstein in the years following Epstein's 2008 conviction.
- He does acknowledge visiting Epstein's private island, but says his immediate family was with him during that time.
- Black reiterates that Apollo itself never had any dealings with Epstein.
- Shares remain lower by 5.2% today.
Leon Black addresses investors as Apollo Global sinks following latest Epstein report
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Symbol | Last Price | % Chg |
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APO | - | - |
Apollo Global Management, Inc. |