Leon Black Regrets Giving Jeffrey Epstein ‘a Second Chance’ (2)

Apollo Global Management Inc. co-founder Leon Black said he regretted doing business with sex offender Jeffrey Epstein, even though other prominent people had done the same.

“Like many people I respected, I decided to give Epstein a second chance,” Black said Thursday during a conference call to discuss Apollo’s third-quarter results. “This was a terrible mistake.”

Leon Black

Photographer: Patrick T. Fallon/Bloomberg

Apollo has faced mounting pressure over Black’s relationship with Epstein, who was convicted in 2008 for soliciting prostitution from a teenage girl and killed himself in a Manhattan jail last year.

Black, 69, said he paid Epstein millions of dollars annually ...