William Cohan reveals how Apollo and Leon Black ushered in the private credit boom amid fortune and scandal
The episode covers the origins of Apollo and the private credit boom through the figures involved, which may interest wealth professionals who follow private markets managers and their history. It also examines Cohan’s reporting approach to influential finance figures and the personal and business relationships around them.
Summary
By the private credit deskThis episode is a conversation with financial journalist and author William D. Cohan about his book Money to Burn: The Unvarnished Truth About Leon Black, Apollo, and the Rise of a New Wall Street. Cohan discusses Leon Black, the creation of Apollo Global Management, Black’s relationships with Marc Rowan and Josh Harris, and the early influence of Michael Milken. The conversation also covers Cohan’s reporting on Black’s relationship with Jeffrey Epstein, including the $158m Black paid Epstein for financial advice.
- Cohan discusses his book Money to Burn about Leon Black, Apollo and the rise of a new Wall Street.
- The conversation covers Black’s relationships with Marc Rowan and Josh Harris and the early influence of Michael Milken.
- It touches on personal tragedies that shaped some of Wall Street’s most powerful financiers.
- Cohan also discusses Black’s relationship with Jeffrey Epstein, including the $158m Black paid Epstein for financial advice.
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