In late 2020, the co-founder of one of the largest and most powerful private equity firms in the world, Apollo Global Management, sent a letter to the firm’s limited partners, addressing revelations that he had paid tens of millions to the now-deceased convicted sex offender Jeffrey Epstein.
The Apollo co-founder, Leon Black, stated that he was “appalled by” and “completely unaware of” the conduct of Epstein, and he denied that he himself was connected to any of it.
