Case File
efta-efta01128069DOJ Data Set 9OtherBLACK FAMILY TRUSTS' OWNERSHIP OF AP PROFESSIONAL HOLDINGS DATED 6/1/12
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DOJ Data Set 9
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efta-efta01128069
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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
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