Apollo Q2 Profit Surges on Incentive Fees

Apollo Q2 Profit Surges on Incentive Fees Play

Aug. 8 (Bloomberg) -- Apollo Global Management LLC, the private-equity firm run by Leon Black, said second-quarter profit increased more than 10-fold as the value of its fund holdings climbed and it realized profits by selling investments. Devin Banerjee reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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