Defendant Name: Apollo Management VI, L.P

Defendant Type: Subsidiary of Public Company

Document Reference: 2016-165

Document 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.
Document Name Apollo Charged with Disclosure and Supervisory Failures
Document Date 23-Aug-2016
Document Format Administrative Proceeding
File Number 3-17409
Allegation Type Investment Advisers/Investment Companies
Document Summary 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."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order

Related Documents:

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 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."

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