Apollo Global Management

Hedge Funds Looking to Metal to Pad Their Portfolios

September 19, 2017 James Heinsman Hedge Fund News

Metals are doing well these days, reaching some of their highest prices in six years. After years of little growth, investors are expecting to see further rises in prices as part of a general trend of prices for industrial metals in reaction to production cuts to shrink a supply glut. Production cuts came a bit […]

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Apollo Global Management, China, glut, Hall Commodities, Industrial metals,

Hedge Fund Billionaire Buys ‘The Scream’ for $119.9 Million

July 16, 2012 Debbie Jacobs In the News

According to a recent report by the Wall Street Journal, the anonymous winner of Edward Munch’s The Scream in a May auction was New York billionaire Leon Black. Sold for $119.9 million, the hedge fund manager’s bid was the highest ever recorded at an auction. The Wall Street Journal explained: “Mr. Black is one of […]

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Apollo Global Management, Art Sales, Edward Munch, hedge fund managers, Leon Black,