Apollo Rushes to Distance Itself From Black’s Epstein Ties

For decades billionaire Leon Black turned to Jeffrey Epstein for financial advice, even years after the enigmatic financier was convicted of sex offenses.

Now Black’s Apollo Global Management is trying to distance itself from Black’s dealings with Epstein, who this month was arrested on federal charges that he molested and exploited teenage girls. Epstein, who’s being held in a Manhattan jail, has pleaded not guilty to the charges.

Leon Black

Photographer: Patrick T. Fallon/Bloomberg

The New York-based firm conducted an internal review into its involvement with Epstein, a registered sex offender since 2009, to ensure that any ties go no further than the firm’s co-founder, ...