Leon Black

REALOGY'S RED INK IS THE LATEST BLACK MARK

Leon Black's buyout firm Apollo Management can't seem to get a break. Yesterday, Black's string of misses got longer when it emerged that another of Black's investments is struggling to pay its debt. Realogy Corp., which owns...

Debt Exchange Avoid Big Realty Default

Friday, November 14, 2008 - FreeMarketNews.com Realogy Corp., owner of the Century 21 and Coldwell Banker brands, is at risk of violating the terms of its bank loans and is offering to exchange about $1.1 billion of bonds at a...

Apollo Investment Corp income down 8 pct (at Reuters)

a publicly-traded investment firm managed by private equity company Apollo, said on Wednesday net investment income fell 8 percent. Net investment income totaled $56.5 million or 40 cents per share for the three months ended...

Blackstone Profit May Be Smallest Since IPO as Crisis Hits Fees

Blackstone Group LP, manager of the world's largest buyout fund, may report its smallest profit since going public last year as the financial crisis cut fees from leveraged buyouts, real estate investments and hedge funds.

Banks win decision in Huntsman deal

Judge denies extension of funding commitment Published: Saturday, Nov. 1, 2008 12:20 a.m. MDT NEW YORK — Shares of specialty chemicals company Huntsman plunged Friday after a judge denied a request to extend a funding...

DealBook: Hexion Fails to Extend Bank Lending Agreement in Court

A New York state judge ruled against Hexion Specialty Chemicals on Friday, saying that the company could not win an extension of lending agreements from its banks to finance its proposed merger with Huntsman. The decision by...

Met, MoMA Feel Wall Street's Pain

From the Wall Street Journal: "How dependent is the museum business on Wall Street and financial-services income? Boards are actually fairly well diversified, but Wall Streeters have been disproportionately generous. The Met's...

Apollo Real Estate Gets New Name

NEW YORK CITY-The company founded 15 years ago as Apollo Real Estate Advisors is changing its name to AREA Property Partners, effective Jan. 15, 2009. AREA Property Partners was co-founded in 1993 by William Mack and Leon...

BANKS BALK AT BLACK'S $6B BUYOUT

Fund boss Leon Black has won the latest round in his bitter $6.5 billion buyout feud with the father-and-son team controlling a chemical company that Black would rather wash down the drain. With rumors swirling that Black and...

Apollo Real Estate Advisors changes name to AREA Property Partners

AsiaNet) -- Apollo Real Estate Advisors today announced that it will change its name to AREA Property Partners effective January 15, 2009. Its new name formalises the firm's independence and marks a new chapter in its history.

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