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Investors Not Reassured by Apollo Trying to 'Splain Leon Black's $188 Million in Payments to Serial Child Rapist Jeffrey Epstein


As we’ll discuss shortly, Apollo had commissioned an
whitewash investigation by law firm Dechert to reassure investors that nothing too unsavory had happened, and get them to stop their capital strike against the giant fund. However, the Financial Times reported yesterday that the UN’s pension fund is keeping Apollo on a watch list and the Pennsylvania Public School Employees Retirement System is sticking to its guns: From the Financial Times:
A report by lawyers for Apollo Global Management into the ties between Leon Black and the late paedophile Jeffrey Epstein is “not enough” to remove the company from a watch list of investments that require extra scrutiny, a top UN pension fund official has said… ....

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