Epstein Secrets

ncial or other dealings between them; and (4) any statements made by or on behalf of Black or Apollo referring, relating to or characterizing either Black's or Apollo's relationship with Epstein. The Committee placed no restriction on Dechert's investigation. This memorandum summarizes Dechen's findings.

ement, Inc. ("Apollo") retained Dechert LLP ("Dechert") as independent counsel to conduct a thorough investigation into (1) the relationship between Leon Black ("Black") and Jeffrey Epstein ("Epstein"), including any financial, business or personal dealings between Black and any Black affiliate, on the one

"Apollo") retained Dechert LLP ("Dechert") as independent counsel to conduct a thorough investigation into (1) the relationship between Leon Black ("Black") and Jeffrey Epstein ("Epstein"), including any financial, business or personal dealings between Black and any Black affiliate, on the one hand, an

nning, trust formation, and philanthropy. As confirmed by both witnesses and the documentary evidence, Epstein played a central role in meeting with Black's family and explaining to them how Black's estate was organized and to encourage them to be more engaged in the planning process and philanthropy. D

transaction almost a decade later. Dechert has further determined that in the early 2000's, Financial Trust Company invested in two other entities, AP SHL Investors LLC and AP Technology Partners LLC, which are not Apollo funds and do not have any formal relationship with Apollo, but were formed by certain Apollo ex

s are not available ASSET TOTAL S5.4bil Liabilities: Art Loan $390 mil Avioneta 23.2mil NET WORTH $5.0 bil EFTA02678708 Net Worth Statement of Leon D. Black As of June 30, 2013 Prepared: July 26, 2013 96613L6l0- lil- V1A3 EFTA02678709 Net Worth Statement - Leon D. Black 6469L6LO—L8—Vid3 As of June

ASSET SUMMARY 6/30/13* Leon & Debra Black LDB 2011 LLC 1997 Black Family Trust 2006 Trus

pollo Value Colnvest $7.7 mil AP Technology PartnersLLC 0.6 Note due fr 2011 Trusts $10mIl SOMA Colnvest $2.7 mil Marketable Securities: $14mil AP SHL Investors LLC Marketable Securities: $10.4 ❑il Note due from 1997 Trust $27mil AP Alternative Assets $0.6mil AP Alternative Assets $13.9mil Apollo RE Investmen

ASSET SUMMARY 813011r Leon & Debra Black LDB 2011 LLC 1997 Black Family Trust 2006 Trus

Aeolis Value Colnvest $7.7 mil SOMA Colnvest $2.7 mil AP Alternative Assets $0.6mil Marketable Securibes:$96 mil AP Technology PartnersLLC 0.6 AP SHL Investors LLC Apollo RE Investment Fund AREIF III Transfer Members LLC BHM Investors M-Cliff Partners .231 Microbes Investors LLC Remainderman Investors LLC

ASSET SUMMARY 9130/12. Leon & Debra Black LOB 2011 LLC 1997 Black Family Trust 2006 Trus

21m11 Apollo Value Colnvest $7.8 mil Marketable Securities: AP Technology PartnersLLC 0.6 SOMA Colnvest $2.2 mil AP Alternative Assets $8.7mil AP SHL Investors LLC Marketable Securities: $10.8 mil AP InvestmentEurope Ltd$0.1mil Apollo RE Investment Fund BlueStar I. LLC $0.209 mil Marketable Securities;$109.