Anonymous ID: 9bada6 Oct. 18, 2018, 11:43 a.m. No.3522236   🗄️.is đź”—kun

>>3522022

 

Apollo’s Cash Cow Sparks a Blood Feud on Wall Street

 

"Nearly a decade ago, Imran Siddiqui helped engineer a shrewd maneuver for buyout mogul Leon Black’s Apollo Global Management LLC, one that’s yielded many millions for the firm.

 

Then Siddiqui and Apollo parted ways – and the sparks are still flying. Money, betrayal, revenge: this breakup story has it all. Apollo has accused Siddiqui of stealing trade secrets. Siddiqui has accused Apollo of scaring off his investors. The two sides have multiple lawsuits pending.

 

The issue centers on the business that has become Apollo’s cash cow, Athene Holding Ltd. The legal tussle has emphasized just how lucrative the insurance affiliate became for Apollo, and why Athene became the envy of the industry. Indeed, Apollo rivals Blackstone Group LP and Carlyle Group LP have since built up their own bets on insurance."

 

https://www.bloomberg.com/amp/news/articles/2018-10-12/leon-black-s-apollo-money-machine-sparks-wall-street-blood-feud

 

https://www.newyorker.com/news/news-desk/harvey-weinsteins-army-of-spies