APO Stock Movement Summary Apollo Global Management (APO) experienced a decline following renewed scrutiny over connections to Jeffrey Epstein. Key facts: - Apollo stated CEO Marc Rowan had no business or personal relationship with Epstein - Apollo later clarified that in "select instances," Rowan and other employees provided information to Epstein related to tax work for co-founder Leon Black - New documents reveal Rowan had multiple scheduled meetings with Epstein, contradicting previous claims that the relationship was limited to Leon Black - Two teachers unions requested the SEC investigate Apollo over allegedly misleading statements about Epstein ties - Pomerantz Law Firm announced it is investigating claims on behalf of Apollo investors - No documents link Apollo executives to Epstein's sex trafficking activities - Epstein's ties to Black have affected the firm since his 2019 arrest on federal charges
Read full analysisAPO Stock Movement Summary Apollo Global Management (APO) experienced a decline following renewed scrutiny over connections to Jeffrey Epstein. Key facts: - Apollo stated CEO Marc Rowan had no business or personal relationship with Epstein - Apollo later clarified that in "select instances," Rowan and other employees provided information to Epstein related to tax work for co-founder Leon Black - New documents reveal Rowan had multiple scheduled meetings with Epstein, contradicting previous claims that the relationship was limited to Leon Black - Two teachers unions requested the SEC investigate Apollo over allegedly misleading statements about Epstein ties - Pomerantz Law Firm announced it is investigating claims on behalf of Apollo investors - No documents link Apollo executives to Epstein's sex trafficking activities - Epstein's ties to Black have affected the firm since his 2019 arrest on federal charges
Apollo Global Management is one of the largest alternative asset managers in the world, overseeing hundreds of billions in private equity, credit, and retirement services assets. The firm reported record deal origination of $97 billion in Q4 and recently partnered with Schroders to expand its wealth management reach. As a fiduciary managing institutional capital—including pension funds—Apollo is acutely vulnerable to the reputational fallout from renewed scrutiny of its executives' ties to Jeffrey Epstein.