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he Registrant's Registration Statement on Form S-1 (File No. 333-150141)). 10.9 Agreement Among Principals. dated as of July 13. 2007. by and among Leon D. Black. Marc J. Rowan. Joshua J. Harris. Black Family Partners. L.P.. MJR Foundation LLC. AP Professional Holdings. L.P. and BRH Holdings. L.P. (incorporat
s are distributed to the limited partners of Holdings. The general partner of AP Professional Holdings. L.P. is BRH. which is one third owned by Mr. Black• one third owned by Mr. Harris and one third owned by Mr. Rowan. BRH is also the general partner of BRH Holdings. L.P.. the limited partnership throu
007. by and among Apollo Global Management. LLC. AP Professional Holdings. LP.. BRH Holdings. L.P.. Black Family Partners. L.P.. MJR Foundation LLC. Leon D. Black. Marc J. Rowan and Joshua J. Harris (incorporated by reference to Exhibit 10.27 to the Registrant's Registration Statement on Form S-I (File No. 333
Management. LLC and its wholly-owned subsidiaries (which currently consist of our three intermediate holding companies. APO Corp.. APO (FC). LLC and APO Asset Co.. LLC). income tax expenses of Apollo Global Management. LW and its wholly-owned subsidiaries and indebtedness incurred by Apollo Global Management. LLC a
ned by or related to Athene. Certain commitment-based SlAs are included as the underlying assets are liquid; • "Managing Partners" refer to Messrs. Leon Black, Joshua Harris and Marc Rowan collectively and, when used in reference to holdings of interests in Apollo or Holdings, includes certain related par
uid; • "Managing Partners" refer to Messrs. Leon Black, Joshua Harris and Marc Rowan collectively and,
es. Such income will not be eligible for the reduced rate of tax that may be applicable to "qualified dividend income" for individual U.S. persons. APO Asset Co.. LLC. APO Asset Co., LLC is a wholly-owned limited liability company. APO Asset Co., LLC will be treated as an entity disregarded as a separate entity fr
ch is further described in "Certain Relationships and Related Party Transactions—Agreement Among Managing Partners" in our 2015 Annual Report), Mr. Black, as a member of the executive committee of our manager, will have the right of veto over, among other things a sale or other disposition of the Apol
ion of Profits and Losses. For each of our fiscal years, items of income, gain, loss, deduction or credit recognized by us (including those items of APO Asset Co.. LLC, which is an entity disregarded as a separate entity from us for U.S. Federal income tax purposes) generally will be allocated among the holders of
Entities connected to both Leon Black and APO Asset Co.. LLC

Samantha Power
PERSON
Bill Richardson
PERSON
Apollo Global Management
ORGANIZATION
Eric Holder
PERSONWeiss
PERSONthe District of Columbia
LOCATIONWharton & Garrison LLP
ORGANIZATION
Bermuda
LOCATIONGlobal Management
ORGANIZATION
Shanghai
LOCATIONCayman
LOCATION
Ontario
LOCATIONRegistrar
ORGANIZATIONthe Apollo Operating Group
ORGANIZATION
Holdings
ORGANIZATIONAPO Corp.'s
ORGANIZATIONDucey
PERSONAGM Management
ORGANIZATIONDeloitte & Touche LLP
ORGANIZATIONApollo Commercial Real Estate Finance, Inc.
ORGANIZATION