Private equity firm's CEO collected 2% less in 2016 because of lower profit and investment gains

Leon Black, the co-founder and chief executive of private equity firm Apollo Global Management, collected $142.5 million in dividends, gains from the firm’s investments and salary for 2016.

Black’s 2016 earnings, detailed in a regulatory filing Monday, were 2% lower than the year prior, reflecting a reduction in the amount of profits and capital returned from his investments in the firm’s funds.

Apollo’s Leon Black earned $142.5m last year

Matt Jarzemsky

Apollo Global Management

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Evelyn Partners’ private equity backers target NatWest and RBC for potential sale

Deutsche Bank wants more UK private bankers

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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