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Leon Black steps down as chief executive of Apollo Asset Management


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Leon Black, who founded the alternative investment firm Apollo Global Management, is stepping down as chief executive following an independent review of his relations with convicted sex offender Jeffrey Epstein.
Mr Black will retire as chief executive effective on or before July 31, 2021 consistent with best-in-class governance practices of the company , Apollo said in a statement on Monday. He will, however, remain chairman of the firm he founded three decades ago.
Marc Rowan will take over as the new chief executive of the alternative asset management company, which had $433 billion in assets under management at the end of September last year. ....

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Apollo CEO Leon Black to step down following review of Jeffrey Epstein ties


Sources tell FOX Business’ Charlie Gasparino that Apollo hopes an outside law firm can help client concerns but executives say it’s hard to justify Epstein ties.
Leon Black plans to step down as chief executive of Apollo Global Management Inc. after an independent review revealed larger-than-expected payments to disgraced financier Jeffrey Epstein that it nevertheless deemed justified.
The monthslong review by Dechert LLP found no evidence that Mr. Black was involved in the criminal activities of the late Epstein, who was indicted in 2019 on federal sex-trafficking charges involving underage girls, according to a copy of the law firm’s report that was viewed by The Wall Street Journal. ....

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Investegate |EARNEST Partners, LLC Announcements | EARNEST Partners, LLC: Form 8.3


Use a separate form for each offeror/offeree
Entain plc
(d)
If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
 
For an opening position disclosure, state the latest practicable date prior to the disclosure
January 15, 2021
(f)
In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”
YES /
POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. ....

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