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peers. that our volatility annualized would be approximately 40%. (iii) We assumed no distributions. (iv) We assumed a 428% risk free rate based on U.S. Treasuries with a two year maturity. For the Contributing Partners' grants. the Finnerty Model calculation, as detailed above. yielded a marketability discount
tiate a change in control. Awards granted to the Contributing Partners (i) are not permitted to be sold or transferred to any parties except to the Apollo Global Management. LLC control group and (ii) the transfer restriction period lapses over six years (which is longer than the forfeiture period which lapses ratably o
in capital 2.939.492 2.078.890 Accumulated deficit (2,426,197) (1,937,818) Appropriated partners capital Accumulated other comprehensive loss Total Apollo Global Management. LLC shareholders equity 213.594 (488) 11.359 (1,529) 726.401 150.902 Non-Controlling Interests in consolidated entities 1,444.767 1,888,224
use of sanctions against Iran is a "multi-pronged maximum economic pressure campaign," and the effort is eating into Iran's military and economy, a U.S. Treasury Department official said Wednesday. Iran's military spending has decreased significantly as its economy has worsened and oil exports have declined, Sigal Mande
n thousands of students each. Who perpetrated the hack is still unknown, the person said. Reputation EFTA00161671 Leon Black, chief executive of Apollo Global Management LLC, said Wednesday that he doesn't think his previous association with jailed financier Jeffrey Epstein is impacting the firm's relationship with inves
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eign wealth funds, pensions, and other institutional investors that we view as highly unlikely to default. Our methodology starts with the 10-year US treasury yield, given the similar duration to the life of the draw down funds management fees. We then add an appropriate credit spread on top of the 10-year
Page: HOUSE_OVERSIGHT_025564 →$12.33 $14 13.5 137 17 46 Mean (Excl. HLNE, JHG, WETF), (Market Cap, EV and AuM equals Total) (2.1) 176.0 9,804 Median (Excl. HLNE, JHG, WETF) (3.6) Apollo Global Mgmt APO Ow $36.42 $42 403 14.7 242 Ares Mgmt. ARES EW $24.70 $20 216 5.3 106 3 Blackstone Group BX OW $40 1,199 387 a Carlyle Group CG OW $33 343 174 s K
Page: HOUSE_OVERSIGHT_025580 →ERSIGHT_025586 --- PAGE BREAK --- Morgan Stanley | RESEARCH INDUSTRY COVERAGE: Brokers & Asset Managers COMPANY (TICKER) Michael J. Cyprys, CFA, CPA Apollo Global Management LLC (APO.N) Ares Management, L.P. (ARES.N) BlackRock Inc. (BLK.N) Charles Schwab Corp (SCHW.N) E*Trade Financial Corp (ETFC.O) Franklin Resources Inc. (
Page: HOUSE_OVERSIGHT_025587 →Entities connected to both U.S. Treasury and Apollo Global Management

Jeffrey Epstein
PERSONLeon Black
PERSON
United States
LOCATION
Donald Trump
PERSON
Ghislaine Maxwell
PERSON
George W. Bush
PERSON
Prince Andrew
PERSON
Barack Obama
PERSON
Department of Justice
ORGANIZATIONFBI
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Joe Biden
PERSON
Bill Clinton
PERSON
Marc Rich
PERSON
Vicky Ward
PERSON
Jared Kushner
PERSON
Joi Ito
PERSON
New York
LOCATION
Michael Cohen
PERSON
Samantha Power
PERSON