Skip to main content
Skip to content
Case File
efta-efta01128069DOJ Data Set 9Other

BLACK FAMILY TRUSTS' OWNERSHIP OF AP PROFESSIONAL HOLDINGS DATED 6/1/12

Date
Unknown
Source
DOJ Data Set 9
Reference
efta-efta01128069
Pages
2
Persons
0
Integrity
No Hash Available

Summary

Ask AI About This Document

0Share
PostReddit

Extracted Text (OCR)

EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
BLACK FAMILY TRUSTS' OWNERSHIP OF AP PROFESSIONAL HOLDINGS DATED 6/1/12 Clack 2006 Ferny Trust (70.660%) LBF tiolcings LLC LP (Delaware) Rock Family oP. Liz Al IV Management Inc. Lan Cui*OnI000 (m1%) LP LP Slack 2035 Fatarbilit (1.009%) OBI wage co. me. Merv" LP uaeb2003-a Tiust BF PARTNERS, L.P. (Delaware) MC COaveStay LLC Canna iv. ILO 1 CID Mg, Co Wesson VIIIDIAL LP. LP Bbd Font! ifrnrinsi (4.413B%1 Ibtr I tTut* To (4 ispaill1 brand Mit) 1.062011 LW (0.874%) LP 44% BRH Holdings L.P. (Cayman) AP Professional Holdings L.P. (Cayman) LP MI:1509252 v.6 EFTA01128069 April 2007 Apollo Management Holdings secured a S1.0 bil credit facility. Proceeds were used to pay dividends to the partners of AMH and was secured by the assets of the Management Company. LBF Holdings #1 account was funded with dividend June 7, 2007 Agreement between Leon and Black Family Partners (BFP): Leon, the 1997 and 1992 trusts, and LBF transferred various interests in entities owned by the Apollo Operating Group LLC to the Partnership in exchange for interests in the Partnership. Leon, the Trusts and LBF became ltd partners in the Partnership After a private placement of Apollo Global Mgmt LLC shares, AP Professional Holdings LP will hold certain interests in Apollo in the form of B shares in Apollo Global Management. $460.9 mil proceeds of this strategic sale were deposited into LBF Holdings#2 bank account AP Prof Holdings LP owns 240 mil B shares in Apollo Global Management: Leon owns 92.1 mil shares, Josh and Marc own 58.6 each through BRH, and 10 other employees own 30 mil B shares through AP Prof Holdings. Strategic investors (CALPERS and ADIA) own 60 mil A shares, private investors own 29.8 mil A shares and Credit Suisse Mgmt LLC owns 7.5mil A shs. BRH, LP will be the sole ltd partner of AP Professional BRH Holdings GP, Ltd will be the general partner of AP Professional and BRH Leon, Mark Rowan, Josh Harris either directly, or through members of their Group, will own all of the equity interests in BRH and will be the sole members of BRH GP In Leon's case, Black Family Partners owns the 44% interest in BRH (which owns an interest in AP Prof Holdings, which owns the AGM shares) All distribution of income into Black Family Partners is made based on the original Black Family Partners Ownership Interests as follows: LBF Holdings LLC 67.6 %* * this interest owned by 2006 Trust post 12/08 Judah Trust K 1.58%* Judah Trust L 1.91%** •* these interests owned by 2007 trust post 6/09 Judah Trust M 4.67%** Judah Trust N 3.89%** Judah Trust 0 4.27%** Investment Trust A 2.01% 1997 Family Trust 1.85% 1992 Trusts 5.75% 1988 Trusts 0.26% Leon Black 6.21% Black Family Partners Ownership Interests post termination of all GRATs LBF/2006 Tr 67.6% 2006 Trust 1.58% 2007 Trust 14.7% 1997 Trust 3.9% 1992 Trusts 6.0% Leon Black 6.2% Coat payments $289,947,519 Dec '07 100,290,997 June '08 347,936,942 Dec '08 120.349.197 June '09 $858,524,655 Total EFTA01128070

Forum Discussions

This document was digitized, indexed, and cross-referenced with 1,400+ persons in the Epstein files. 100% free, ad-free, and independent.

Annotations powered by Hypothesis. Select any text on this page to annotate or highlight it.