SEC subpoenas Apollo over IRR calculations

Apollo Global Management, private equity, Nasdaq, Marketwired, journalism, public relations, merger, M&A
Leon Black, chairman and CEO of Apollo Global Management LLC, takes part in the Private Equity: Rebalancing Risk session during the 2014 Milken Institute Global Conference in Beverly Hills, California, on April 29, 2014. REUTERS/Kevork Djansezian - RTR3N514
The SEC subpoenaed Apollo Global Management in December for information related to the calculation of internal rates of return for certain funds, as well as payments to a European service provider and personnel changes, according to SEC filings and due-diligence materials obtained by ...

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