a big deal filed with the City Department of Finance on Wednesday: The purchase of a full-floor apartment in December by Marc Rowan, a founder and director of Apollo Global Management, for $26 million at 927 Fifth Ave.Hall F. Willkie, the president of Brown
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Sales Gains May Ease
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Strong Hampton Sales May Borrow From '13
said. Still, the highest sale of the year wasn't recorded in the fourth quarter. It was the $28.5 million February sale by Marc Rowan, a co-founder of Apollo Global Management of a large oceanfront house on Meadow Lane in Southampton. The buyer was Andreas
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UPDATE 1-Apollo's fourth-quarter profits double
level since the investment firm, which was founded in 1990 by Black and former Drexel Burnham colleagues Joshua Harris and Marc Rowan, went public in March 2011. The stock ended trading on Thursday at $22.15, a 47 percent rise in the last 12 months versus
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Buy hard
38-foot formal gallery that’s “ideal for exhibiting art.” The building is a 1931 Art Deco structure created by architect Emory Roth. Amenities include a gym and a mini basketball court. Levitt or leave it Dede Sheoris-Levitt, ex-wife of hedge-funder Michael
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Daisy music streaming service gets $60m investment from Len Blavatnik
in the TNK-BP Russian oilfields joint venture, is investing alongside Australian media dynasty heir James Packer and Marc Rowan, co-founder of the Apollo private equity group. In a statement Beats confirmed the investment and said Daisy's launch was scheduled
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Ares Management preparing for an IPO-FT
as bond traders in the 1980s at Drexel Burnham Lambert and in 1990 co-founded investment manager Apollo with Leon Black, Marc Rowan and Joshua Harris. At Apollo, Ressler and Harris led the firm's capital markets business and in 1997 spun out into a new firm
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REFILE-Ares Management preparing for an IPO-FT
as bond traders in the 1980s at Drexel Burnham Lambert and in 1990 co-founded investment manager Apollo with Leon Black, Marc Rowan and Joshua Harris. At Apollo, Ressler and Harris led the firm's capital markets business and in 1997 spun out into a new firm
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UPDATE 1-Ares Management speaking to banks about an IPO-source
in the 1980s at Drexel Burnham Lambert and in 1990 co-founded investment manager Apollo with Leon Black, Marc Rowan and Joshua Harris. At Apollo, Ressler and Harris led the firm's capital markets business and in 1997 spun out into a new firm called Ares, which
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UPDATE 1-Ares Management speaking to banks about an IPO-source
in the 1980s at Drexel Burnham Lambert and in 1990 co-founded investment manager Apollo with Leon Black, Marc Rowan and Joshua Harris. At Apollo, Ressler and Harris led the firm's capital markets business and in 1997 spun out into a new firm called Ares, which
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UPDATE 1-Apollo scores record first-quarter profit on asset sales
Class A share. New York-based Apollo was founded in 1990 by Leon Black and former Drexel Burnham colleagues Joshua Harris and Marc Rowan, and went public in March 2011. (Reporting by Greg Roumeliotis in New York; Editing by Jeffrey Benkoe) This discussion
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UPDATE 3-Apollo scores record Q1 profit on asset sales
A share. New York-based Apollo was founded in 1990 by Leon Black and former Drexel Burnham colleagues Joshua Harris and Marc Rowan, and went public in March 2011. With a net worth estimated by Forbes at $4.3 billion as of March 2013, Black, 61, is a prolific
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Apollo Global Management: Past And Present Lead To A Promising Future
of their high yield department, and other division heads and executives, including Arthur Bilger, Craig Cogut, Josh Harris, Marc Rowan, Michael Gross and John Hannan. Collectively, they founded Apollo less than six months after the collapse of the ill-fated
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Oaktree founders could reap up to $80 million each in stock sale
loans, high-yield bonds, private equity, convertible securities, real estate and listed equities. Earlier this month, Marc Rowan and Joshua Harris, who together with Leon Black founded Oaktree rival Apollo Global Management LLC in 1990, grossed $110.6 million
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Oaktree founders could reap up to $80 million each in stock sale
loans, high-yield bonds, private equity, convertible securities, real estate and listed equities. Earlier this month, Marc Rowan and Joshua Harris, who together with Leon Black founded Oaktree rival Apollo Global Management LLC in 1990, grossed $110.6 million
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The World’s 25 Highest-Paid Musicians 2012
With a whopping $110 million in pretax earnings, Dr. Dre is this year’s top-earning musician—thanks largely to his Beats headphone line. He leads a pack of pop stars, rock icons, rap moguls and country crooners, many of whom bank the bulk of their bucks outside the recording studio. Totals are calculated from May 2011 through May 2012.
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Blavatnik's Investment In Beats' Music Service Signals Major Change
Beats Electronics, purveyor of the wildly successful headphones of the same name, announced late last night that billionaire Warner Music Group owner Len Blavatnik and a consortium of moguls will pour $60 million into Daisy, the company's nascent music streaming service. The move reveals a continued shift in how major record labels deal with [...]
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Billionaire-Backed Twinkies To Return To Shelves In July
The surprising durability of the demand for Twinkies prompted much speculation over who would snap up the snacks.
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UPDATE 1-Apollo's second-quarter earnings soar on fund values
a year earlier. New York-based Apollo was founded in 1990 by Black and former Drexel Burnham colleagues Joshua Harris and Marc Rowan, and completed an initial public offering in March 2011. (Reporting by Greg Roumeliotis in New York; Editing by Maureen Bavdek
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Neiman Marcus close to changing owners
A consortium of Ares Management and the Canada Pension Plan Investment Board is in advanced talks to acquire upscale U.S. retailer Neiman Marcus from TPG Capital, Warburg Pincus, and Leonard Green Partners, two people familiar with the matter said on Sun
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Sheldon Adelson Starts A Billionaire Brawl Over Online Gambling
Sheldon Adelson is now standing in the way of billionaires backing online gambling, like Leon Black and David Bonderman, who are behind an online gambling company that started trading on Tuesday.
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