Defendant Name:
Apollo Management VI, L.P
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Apollo Global Management, LLC
SIC Code:
6282
CUSIP:
03761230
Document Reference:
IA-4493
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
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
Document Date
23-Aug-2016
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Disgorgement Plan
Monetary Penalties:
Disgorgement
Individual:
Shared:
$37,527,000.00
Shared with: Apollo Management V, L.P.; Apollo Management VII, L.P.; Apollo Commodities Management, L.P.
Civil Penalty
Individual:
Shared:
$12,500,000.00
Shared with: Apollo Management V, L.P.; Apollo Management VII, L.P.; Apollo Commodities Management, L.P.
Pre-Judgment Interest
Individual:
Shared:
$2,727,552.00
Shared with: Apollo Management V, L.P.; Apollo Management VII, L.P.; Apollo Commodities Management, L.P.
Other Defendants in Action:
