Investing.com – Apollo Global Management stated on Wednesday that CEO Marc Rowan has no business or personal relationship with the late sex offender Jeffrey Epstein. Previously, ongoing disclosures of Epstein communication details have caused a sensation in the American business community.
In a publicly released letter to clients and partners, Apollo wrote: “Marc Rowan and anyone else at Apollo (except Leon Black) have no business or personal relationship with Jeffrey Epstein.”
The company emphasized that the Epstein documents do not accuse Apollo or its executives of participating in or being aware of Epstein’s illegal activities.
Recently released Epstein documents show that there was communication between Rowan’s office and Epstein’s office, discussing at least five scheduled meetings between the two.
Apollo’s Wednesday statement was issued after two labor unions with financial interests in Apollo called on the U.S. Securities and Exchange Commission to investigate the asset management firm’s so-called “misleading” statements made to investors.
Billionaire Leon Black is a co-founder of Apollo and left the company in early 2021. His departure completed a corporate governance overhaul triggered by scrutiny of his association with Epstein. After Black stepped down, Rowan took over as CEO.
An investigation conducted by law firm Dechert LLP, previously released by Apollo, cleared Black of any misconduct. The review concluded that although Black had attempted to introduce Epstein to co-founders Rowan and Josh Harris, no company employee other than Black “seriously considered hiring Epstein.”
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
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Apollo CEO Marc Rowan has no connection to Jeffrey Epstein, the company states.
Investing.com – Apollo Global Management stated on Wednesday that CEO Marc Rowan has no business or personal relationship with the late sex offender Jeffrey Epstein. Previously, ongoing disclosures of Epstein communication details have caused a sensation in the American business community.
In a publicly released letter to clients and partners, Apollo wrote: “Marc Rowan and anyone else at Apollo (except Leon Black) have no business or personal relationship with Jeffrey Epstein.”
The company emphasized that the Epstein documents do not accuse Apollo or its executives of participating in or being aware of Epstein’s illegal activities.
Recently released Epstein documents show that there was communication between Rowan’s office and Epstein’s office, discussing at least five scheduled meetings between the two.
Apollo’s Wednesday statement was issued after two labor unions with financial interests in Apollo called on the U.S. Securities and Exchange Commission to investigate the asset management firm’s so-called “misleading” statements made to investors.
Billionaire Leon Black is a co-founder of Apollo and left the company in early 2021. His departure completed a corporate governance overhaul triggered by scrutiny of his association with Epstein. After Black stepped down, Rowan took over as CEO.
An investigation conducted by law firm Dechert LLP, previously released by Apollo, cleared Black of any misconduct. The review concluded that although Black had attempted to introduce Epstein to co-founders Rowan and Josh Harris, no company employee other than Black “seriously considered hiring Epstein.”
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.