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Wednesday, April 7, 2010 as of 11:14 AM ET

Leon D. Black

    Leon David Black (born 1951) is an American businessman and money manager, with a focus on leveraged buyouts and private equity.

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    1. Apollo Group
    2. Mike Duke
    3. Mark Parker
    4. Miles White
    5. Brad Anderson
    6. Frank Blake
    Get updates on Leon D. Black
    Apollo Earnings Top Views; Portfolio Value Rises 16%

    Apollo Global Management LLC (APO) posted a better than expected 23% rise in first-quarter earnings, driven by an increase in management fees and robust growth in investments.

    Its private-equity portfolio companies surged 16% in value in the three months ended March 31, besting the 12% rally in the Standard & Poor's 500 index. Portfolio company LyondellBasell Industries NV (LYB), for example, rose 34% during the quarter.Apollo's Class A shares closed 5.3% higher at $12.85, but remain 32% below the $19-a-share initial public offering in March 2011. Apollo's earnings-inspired gains are notable since the broader U.S. equity market was down sharply Tuesday.Apollo peers KKR & Co. (KKR) recorded 9% portfolio growth, while Blackstone Group L.P.'s (BX) private equity investments rose by 4.9%.As a result of the asset appreciation, Apollo's private equity assets were valued at $24.6 billion or nearly 50% above its investment cost, as of March 31. Its Fund VI, launched in 2006 and made the bulk of...

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    1. Apollo Earnings Top Views, 16% Rise In Portfolio Value

      Apollo Global Management LLC (APO) posted a better than expected 23% rise in first-quarter earnings, driven by an increase in management fees and robust growth in in...

    2. Apollo Global Net Drops 95% On Weak Investment Growth

      Apollo Global Management LLC (APO) reported a disappointing 95% slide in fourth-quarter profit as a slowdown in the growth of its investments overshadowed realized g...

    3. Apollo Global Profit Falls 95% On Weak Investment Growth

      Apollo Global Management LLC (APO) reported a disappointing 95% slid in fourth-quarter profits, as a slowdown in the growth of its investments overshadowed realized ...

    4. Private Equity and the Political Left

      (Corrected to indicate that John Breaux is a former board member of the MFA, not a current member as was originally reported.)Bill Clinton. Al Gore. Tom Daschle . We...

    5. Private Equity Firm Apollo Takes Aim at 99 Cents Only Discounter

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    6. Apollo earnings up, in first report since IPO

      By Megan DaviesNEW YORK (Reuters) - Private equity firm Apollo Global Management LLC's <APO.N> first-quarter earnings rose fivefold from a year earlier as the value ...

    7. Apollo Sees IPO Pricing at $17-$19 a Share

      Private equity firm Apollo Global Management LLC lowered expectations for the price of its initial public offering, filing detailed terms with U.S. regulators almost...

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