x earnings relatively little. Bill Mendel of Mendel Communications, a spokesman for Ares, said the firm is studying the situation. Apollo spokesman Charles Zehren of Rubenstein Associates declined to comment. When Black spoke to the Goldman Sachs conference, he said he was certain of one thing: None of the big

Gary M. Stein Head of Corporate Communications Apollo Global Management, LLC Noah Gunn Investor Relations Manager Apollo Global Management, LLC Charles Zehren Rubenstein Associates, Inc. for Apollo Global Management, LLC 2 EFTA00623359 Apollo Global Management, LLC Fourth Quarter and Full Year 2015