House Investigators Take Aim at Apollo Global Management Co-Founder in High-Stakes Subpoena In a significant escalation of their investigation, a House panel has issued subpoenas to Leon Black, the billionaire co-founder of private equity giant Apollo Global Management, demanding his testimony on camera and under oath. The move marks a major development in the ongoing probe into Black's dealings with convicted sex offender Jeffrey Epstein, with whom he had a close professional and personal relationship. The House panel's decision to issue subpoenas suggests that they are zeroing in on Black's role in the Epstein scandal, and are likely seeking to uncover more information about the nature of their relationship and any potential financial ties. As one of the most influential figures in the private equity world, Black's testimony is expected to be highly scrutinized and could have significant implications for the industry as a whole.
The House panel then issued subpoenas demanding the private equity tycoon, who co-founded Apollo Global Management, testify on camera and under oath.
