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How Jeffrey Epstein led to fallout at Apollo Global Management

Mount Equity Group Tokyo Japan > News > Business > How Jeffrey Epstein led to fallout at Apollo Global Management

Jeffrey Epstein was a key reason for tensions at the top of Apollo Global Management that recently spurred the exit of two of its three remaining co-founders — and the awkwardness began a decade ago, The Post has learned. 

It was in 2011 that billionaire Leon Black — who on March 22 revealed he was stepping down from the helm of the giant buyout firm sooner than expected amid controversy over his Epstein ties — first floated the idea of working with the now-dead pedophile to his fellow co-founders Josh Harris and Marc Rowan, according to sources close to the situation. 

That’s despite the fact that Epstein had been convicted three years earlier for soliciting prostitution from a 14-year-old girl. In the meantime, Black had continued to associate with him — and was prodding Harris and Rowan to hire Epstein to do some work for them and possibly for Apollo, according to the sources. 

“Leon affirmatively recommended Epstein — it was more than a passing comment,” one source said. “He wanted Apollo to hire him.” 

Leon Black is stepping down from Apollo Global Management amid controversy over his connection to Jeffrey Epstein.REUTERS/Lucy Nicholson/File Photo

Harris and Rowan — repelled by