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ssionals. as of December 31. 2011. This team possesses a broad range of transaction, financial. managerial and investment skills. We have offices in Ncw York. Los Angeles. Houston. London. Frankfurt. Luxembourg. Singapore. Hong Kong. and Mumbai. We operate our private equity. capital markets and real esta
miting UBTI from "debt-financed" property and, thus, an investment in Class A shares will give rise to UBTI to tax-exempt holders of Class A shares. APO Asset Co.. LLC may borrow funds from APO Corp. or third parties from time to time to make investments. These investments will give rise to UBTI from "debt-fi
iod ended December 31. 2011. in conformity with accounting principles generally accepted in the United States of America. /s/Deloitte & Touche LLP New Yorlc, New York March 8, 2012 161 EFTA00623553 Table of Contents APOLLO GLOBAL MANAGEMENT, LLC CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION DECEM
e intermediate holding companies that include APO Corp.. a Delaware corporation that is a domestic corporation for U.S. Federal income tax purposes. APO Asset Co.. LW ("APO Asset"), a Delaware limited liability company that is a disregarded entity for U.S. Federal income tax purposes. and APO (-c). LLC ("APO
law provision or rules. Any action related to or arising from this Agreement shall be brought exclusively in the federal or state courts located in New York County. New York. The Parties irrevocably submit to the jurisdiction of such courts for the purpose of any such action, proceeding or judgment and waive an
llo Capital Management V. Inc. Apollo Advisors V. LP. Apollo Principal Holdings I. LP. Apollo Capital Management VI. LLC Apollo Advisors VI. LP. APO Asset Co.. LLC Apollo Principal Holdings I GP. LLC Apollo Principal Holdings III GP. Ltd. Apollo Advisors V (EH). LLC Apollo Advisors V (Eli Cayman). L.P.
Entities connected to both New York City and APO Asset Co

United States
LOCATIONLeon Black
PERSON
Oliver Stone
PERSON
India
LOCATION
Frankfurt
LOCATION
North America
LOCATION
Bermuda
LOCATION
South Carolina
LOCATION
Apollo Global Management
ORGANIZATION
the Board of Directors
ORGANIZATION
Luxembourg
LOCATION
Citigroup Inc.
ORGANIZATIONCayman
LOCATIONGulfstream
ORGANIZATION
Anguilla
LOCATION
Cayman Islands
LOCATIONApollo Global Securities
ORGANIZATIONGuernsey
LOCATION
Holdings
ORGANIZATIONAP Professional Holdings
ORGANIZATION