Apollo publishes review documenting Leon Black's $158 million payments to Epstein
Reporting and findings
- documented
The Dechert review commissioned by Apollo reported that Leon Black paid Jeffrey Epstein $158 million for work performed from 2012 through 2017, described as tax, estate-planning and related services.
- Dechert LLP, filed by Apollo with the SEC: January 22, 2021 report to Apollo's Conflicts Committee concerning Leon Black and Jeffrey EpsteinSummary finding 5 and discussion of professional relationship
- documented
Apollo released the review on January 25, 2021, identifying Black as its chairman and CEO. The company's announcement said the review found no evidence of Black's involvement in Epstein's criminal activities and no retention of Epstein by Apollo.
- Apollo Global Management: Apollo Global Management Announces Conclusion and Release of Independent ReviewOpening paragraph and key findings
Summary and current status
Apollo's own commissioned review put the payments at $158 million
People and organizations
- Apollo Global ManagementCompany commissioning review
- Leon BlackPayer and then Apollo chairman and CEO
- Jeffrey EpsteinRecipient of payments described in report
Relationships in this file
- Leon Blackchairman and CEO when review was releasedApollo Global Management
- Leon Blackpaid for reported tax and estate-planning servicesJeffrey Epstein
Money trail
feeBlack's payments to Epstein in company-commissioned review$158 million - Fee payer / source
- Leon Black
- Fee recipient
- Jeffrey Epstein