Defendant Name: Apollo Management V, L.P.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Apollo Global Management, LLC
SIC Code: 6282
CUSIP: 03761230

Initial Case Details

Legal Case Name In the Matter of Apollo Management V, L.P., Apollo Management VI, L.P., Apollo Management VII, L.P., and Apollo Commodities Management, L.P.
First Document Date 23-Aug-2016
Initial Filing Format Administrative Action
File Number 3-17409
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Other
• Sections 206(2), 206(4) Advisers Act; Rules 206(4)-7, 206(4)-8 Advisers Act

Resolutions

First Resolution Date 23-Aug-2016
Headline Total Penalty and Disgorgement $52,754,552

Related Documents:

2016-165 23-Aug-2016 Press Release--Administrative Proceeding
Apollo Charged with Disclosure and Supervisory Failures
On August 23, 2016, the SEC announced that "four private equity fund advisers affiliated with Apollo Global Management have agreed to a $52.7 million settlement for misleading fund investors about fees and a loan agreement and failing to supervise a senior partner who charged personal expenses to the funds."
IA-4493 23-Aug-2016 Administrative Proceeding
Order Instituting Administrative And Cease-And-Desist Proceedings Pursuant To Sections 203(E) And 203(K) Of The Investment Advisers Act Of 1940, Making Findings, And Imposing A Cease-And-Desist Order
On August 23, 2016, the SEC instituted a settled administrative proceeding against four private equity fund advisers affiliated with Apollo Global Management. According to the SEC the proceedings arise from "two distinct breaches of fiduciary duty."

Other Defendants in Action:

Apollo Management VI, L.P
Apollo Management VII, L.P.
Apollo Commodities Management, L.P.

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