Epstein Secrets

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

and dividend income distributions from portfolio investments held by certain of our private equity and capital markets funds. primarily by Fund VII, Fund IV and Fund VI of $221.5 million. $204.7 million and $67.6 million respectively, during the year ended December 31. 2011 as compared to the same period

ldings, LLC Lion Advisors, LP AIF IV Management, Inc.2 Hamlet ControlNote Company3 2 AIF IV Management Inc., the administrative general partner of Apollo Management IV, ■., exists solely to hold the split dollar life insurance policy for LB and LB is the sole shareholder of the entity. AIF IV Management Inc.'s int

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. 7 Otion—US4-Hen03.$9.4 Dckt: US1-10770389v1$ EFTA00808231 "Heritage Points" means the nominal number of "points"

ngs, LLC Lion Advisors, LP AIF IV Management, Inc.2 Hamlet ControlNote Company3 2 1 AIF IV Management Inc., the administrative general partner of Apollo Management IV, L.P., exists solely to hold the split-dollar life insurance policy for LB and LB is the sole shareholder of the entity. AIF IV Management Inc.'s i

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. lieritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage Fund contributed by each Princip

. Wharton & Garrison LLP, our U.S. Federal income tax counsel. For purposes of this section, references to "Apollo." "we." "our." and "us" mean only Apollo Global Management, LLC and not its subsidiaries, except as otherwise indicated. This discussion is based on the U.S. Internal Revenue Code of 1986, as amended (the "C

y are required to pay in connection with a general partner obligation for the return of previously made carried interest distributions in respect of Fund IV, Fund V and Fund VI. See "Certain Relationships and Related Party Transactions—Managing Partner Shareholders Agreement—Indemnity" in the Company's

ldings, LLC Lion Advisors, LP AIF IV Management, Inc.2 Hamlet ControlNote Company3 2 AIF IV Management Inc., the administrative general partner of Apollo Management IV, L.P., exists solely to hold the split-dollar life insurance policy for LB and LB is the sole shareholder of the entity. AIF IV Management Inc.'s i

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage Fund contributed by each Princip