EFTA00597390.pdf

LEON BLACK SUMMARY TOTAL MARC H 31. 2015 FINANCIAL INVESTMENTS MARKETABLE SECURITIES MARKETABLE SECURITIES TOTAL MARKETABLE SECURITIES APOLLO RELATED INVESTMENTS PUBLICLY TRADED - APOLLO AP ALTERNATIVE ASSETS LP (AAAAS) • 536.75 SUBTOTAL PUBLICLY TRADED APOLLO OTHER INVESTMENT/PE FUNDS - APOLLO APOLLO INVESTMENT FUND LP APOLLO ADVISORS LP AIF II LP APOLLO CAPITAL MANAGEMENT INC. SUBTOTAL OTHER INVESTMENT/PE FUNDS APOLLO TOTAL APOLLO RELATED INVESTMENTS OTHER PRIVATE EQUITY/DEBT & RESTRICTED STOCK PRIVATE EQUITY - NON APOLLO PEGASUS PARTNERS LP SUBTOTAL PE FUNDS OTHER PRIVATE EQUITY 976 MADISON RESTAURANT LLC HAMLET HOLDINGS LLC RESTAURANT ADVISORS LLC SUBTOTAL OTHER PRIVATE EQUITY PRIVATE EQUITY - REAL ESTATE $ FORMER APOLLO APOLLO RE CAP PARTNERS LP AP CAPITAL PROP CO LLC APOLLO POLAND RE ADVISORS LLC AREIF V CO-INVESTORS LLC APOLLO RE INVESTMENT FUND LP ARES EUROPEAN RE ADVISORS 1 LP APOLLO CORP EU II CO-INVESTORS LIG AP AR HOLDCO LLC APOLLO INTL RE CO-INVESTORS LLC APOLLO RE MEZZANINE ADVISORS LP AREMF CO-INVESTORS LLC 107 PORTFOLIO LP APOLLO RE ADVISORS LP APOLLO RE CAPITAL INC. APOLLO RE MANAGEMENT INC. APOLLO RE FUND ADMAN LTD SUBTOTAL REAL ESTATE PUBLIC EQUITY 8. RESTRICTED STOCK ENVIRONMENTAL SOLUTIONS WORLDWIDE (ESIANV) SUBTOTAL • PUBLIC EQUITY Ei REST. STOCK OTHER PRIVATE EQUITY RGEMX. INC SUBTOTAL OTHER PE TOTAL OTHER PE / DEBT & REST. STOCK INVESTMENT PARTNERSHIPS OTHER FUNDS AP TECHNOLOGY PARTNERS I. LC AP SHL INVESTORS L LC SUBTOTAL OTHER FUNDS TOTAL INVESTMENT PARTNERSHIPS 24 188 593 Closing Pnce 24.188.593 6.127 4,751 1 10.880 24.199,473 Financial Statements 12/31/14 2013 K-1 I Tax) •/-Cash Zero net assets per 2014 TA No capital section on K.1 8,274 2014 K.1 .1. cash 8,274 250.000 Cost or Fuming 1 2013 K-1 •/' cash • 1 2013 K-1 (Tar) cash • 250032 2.451.380 857.340 686.298 674.356 609.757 576.903 487.724 446.570 228.806 43.776 16,07 7,078.972 9/30/14 Valuation Per ARES 2013 K.1 (Taal •/-ash 9/30/14 Valuation per ARES 9/30/14 Valuation per ARES 9/30/14 Valuation per ARES 9/30/14 Valuation per ARES 9/30/14 Valuation per ARES 2013 K-1 •/. cash 9/30/14 Valuation per ARCS 9/30/14 Valuation per ARES 9/30/14 Valuation per ARCS 2011K-1 (Tax) cash 2013 K-1(Taxl •/-Cash • No Capital Section on K-1 No Capital Socbon on Kil 5471 only 2.830.505 Cost 2.630.506 135.725 latest financing round 135.725 10,103,479 58.600 %of Est. Future Cash I tows 1 Expected Wr4e.011 58.601 58,601 TOTAL FINANCIAL INVESTMENTS 34,361,553 ' Allocated debt in excess of nrcateve tax basis Niv2055 EFTA00597390 TRUST FINANCIAL INVESTMENTS TOTAL MARCH 31. 2013 FINANCIAL INVESTMENTS MARKETABLE SECURITIES APO 2 TRUST & APO I TRUST. LOB 2014 LLC & BLACK FAMILY LDB 2011 & 2011 TRUSTS GST TRUST LBF HOLDINGS MARKETABLE SECURITIES VECTOR GROUP LTD 177.474 177,474 Closmein. TOTAL MARKETABLE SECURITIES 177 474 177,474 APOLLO RELATED INVESTMENTS PUBUC • APOLLO APOLLO INVESTMENT CORP (ANA - 57.68 5.559.921 5.559.921 Oming11/444 SUBTOTAL PUBLIC -APOLLO 5.559.921 5359.921 OTHER INVESTMENT/ PE FUNDS Pm CO-INVESTORS I (A) LP 17356110 17356110 12/31/14 Capital AccouN .1. <ash APOLLO CREDIT COP. I LP 9,418,266 9.418.286 1213914 6.98.844carit ash APOLLO INVESTMENT FUND LP 143 143 044AcalLealements 12/31/1A )4F II LP 1 1 2ao rat nue. pet 20IA SUBTOTAL OTHER INVESTMENTIPE FUNDS 26.974 520 26974.530 TOTAL APOLLO RELATED INVESTMENTS 32.534.441 • 32,534,441 OTHER PRIVATE EQUITY/DEBT & RESTRICTED STOCK PRIVATE Eounv - NON APOLLO DUNE REAL ESTATE FUND LP 1,670,727 1,67072? • 12/31/14Capul Aux-unto/44A OLIADRANGLE (OFFSHORE) CAPITAL PARTNERS II LP 222.058 222.068 • 12/31/14 CaRui Aucum SEARCHUGHT CAPITAL LP 991.134 991,164 12/31/14 Opul Acocum • .ANA QUADRANGLE CAPITAL PARTNERS 11 LP 1,012.591 1.012.591 12631/14 Opul Account 4/. ash OVAORANGLE IAN) CAPITAL PARTNERS II LP 327 192 327,392 12/31/14 44p141ACCONN 4/. ash SEARCHLIGHT CAPITAL AN I LP 391160 391.940 12/31/14449ml Momatetg. ash MARKSTONE CAPITAL PARTNERS LP 125.119 125.119 • 20B 4.14.cash QUADRANGLE (ANT) CAP PARTNERS a LP 67,739 67.739 • 12/31/14 OROS AMR 66 °a OUADRANGLE (ACCESS( CAPITAL PARTNERS LP 102.628 • 102.828 12/11/144.418/ Alcoa ./.440. OUACOANGLE CAPITAL PARTNERS LP 50 .114 50114 12/31/11 Gout ActouRob cash SUBTOTAL PRIVATE EQUITY NON APOLLO 4.961.842 3.425.626 1,536,056 PRIVATE EQUITY • REAL ESTATE & FORMER APOLLO AREIF IV CO•INVESTORS tIC 646.565 79.603 766,962 9/10/14 V4/44.4, POI MU APOLLO RE INVESTMENT FUND LP 122.105 122.105 9/30/14 VANN:4) Per ARES APOLLO RE ADVISORS IV LP 123.216 123.216 • 9/301149.0.448 pe, ARIS APOLLO RE ADVISORS III LP 72.522 72.522 • 9/30/24 V.11.40011 pa ARIS AREIF m CO-INVESTORS LLC 43.558 43358 • 9/10/14v44.6on Peg ARES AREIF III TRANSFER MEMBERS LLC 25.281 25.261 9/30/14 VabiLon pa APO SUBTOTAL PE REAL ESTATE I FORMER APOLLO 1.213247 318.899 914,348 PRIVATE EQUITY/ DEBT & RESTRICTED STOCK ENVFICNIAENTAL SOLUTIONS WORLD/ODE IESPAN) 14,776.965 6697.494 7.889.491 cam SUBTOTAL PUBLIC EQUITY & REST. STOCK 14.778.695 6.687.494 7.690.491 TOTAL OTHER PE / DEI3T & REST. STOCK 20 971 914 10,632,019 10.339,895 INVESTMENT PARTNERSHIPS HEDGE FUNDS EfJCKINGHAM RAF PARTNERS LP 6554.365 6.554.365 3/31/1518.849. BLUE STAR I LLC 62262 81/42.262 LOUIS Cmila AtcomM.PoM SUBTOTAL HEDGE FUNDS 8.616.627 6.616.027 OTHER FUNDS AP TECHNOLOGY PARTNERS LIG 254.300 • 254300 Not 1m. rmot 4P, llpn GIFTHORSE PARTNERS. LUC 22761 227.611 • 83134.1 PRI •/-cash AP ENERGY PARTNERS 177034 177.864 • 201184 (Tail op cash MICROBES INVESTORS LLC 142$1 • 142,916 201361 Pal •A NW. PROOUEST INVESTMENTS. LP 62.609 82.569 12/31/14 CRAY Maws JERUSALEM VENTURE PARTNERS LLC 3,12 3,127 12/10/144.401404coum AP SHL INVESTORS LLC Operiet1141444)11 VIROPRO INVESTORS LLC 1 Lowed VPte OR OHM INVESTORS LLC OpecteclIterat011 BLUE SUNSHINE. LLC 1 1013 6.111884/.44sh• M.RELATED LIG 20134.1 P46.1.4.4** PAM CENTRE LP 1 2013 &I 11864/.0HIs• SUBTOTAL OTHER FUNDS 888.393 491.173 397220 TOTAL INVESTMENT PARTNERSHIPS 7,505,020 • 7,107,800 397,120 TOTAL FINANCIAL INVESTMENTS 61 88.848 17,739,819 43,449,029 • AINcale4debbn eons ,/new., I/61849% 581(2015 TAB 3•C EFTA00597391 BLACK FAMILY PARTNERS LP MARCH 31, 2015 FINANCIAL INVESTMENTS MARKETABLE SECURITIES K12 INC TOTAL MARKETABLE SECURITIES APOLLO RELATED INVESTMENTS APOLLO SOMA CO-INVESTORS LLC AP ALTERNATIVE ASSETS LP (AAA.AS) - $36.75 APOLLO INVESTMENT CORP (AINV) - $7.68 APOLLO CO-INVESTORS VI (A) LLC ATHENE HOLDING LIMITED FCI CO-INVESTORS II (A) LP APOLLO CREDIT OPPORTUNITIES III (A) LP APOLLO CO-INVESTORS VI (EH-A) LLC APOLLO CO-INVESTORS V. LLC APOLLO CO-INVESTORS IV, LLC APOLLO INVESTMENT FUND VI LP APOLLO OVERSEAS VI LP APOLLO OVERSEAS VI GERMANY LP APOLLO OVERSEAS VI DELAWARE LP APOLLO OVERSEAS VI DEL 892 LP AIF VI (LS AIV) LP AIF VI EURO HOLDINGS LP SUBTOTAL HEDGE FUNDS SUBTOTAL PUBLIC Total 1.666.729 Closing Price 1,686,729 2,921.825 2/28/15 Capital Account +1- cash 2,921.825 1.055.828 4.635.894 5.691.722 20.668.388 10,400,000 10,366.836 5.717,552 4,785.899 2,596.590 455.100 SUBTOTAL OTHER INVESTMENT/PE FUNDS 54,990.372 TOTAL APOLLO RELATED INVESTMENTS 63,603.919 Closing Price Closing Price 12/31/14 Capital Account +1. cash Initial funding 12/31/14 Capital Account +/-cash 12/31/14 Capital Account cash 12/31/14 Capital Account +/- cash 12/31/14 Capital Account +/-cash 12/31/14 Capital Account +/- cash 2013 K-1 (Tax) +/- cash 2013 K-1 (Tax) •/- cash 2013 K-1 (Tax) +/- cash 2013 IC-1. (Tax) •/• cash 2013 K-1 (Tax)+/-cash 2013 K-1 (Tax) +1-cash 2013 K-1 (Tax) +/- cash 5/1112015 TAB 3-D EFTA00597392 BLACK FAMILY PARTNERS LP Total MARCH 31, 2015 FINANCIAL INVESTMENTS OTHER PRIVATE EQUITY/DEBT & RESTRICTED STOCK PRIVATE EQUITY - NON APOLLO HAO CAPITAL FUND LP WOLFENSOHN CAPITAL PARTNERS LP TENFORE HOLDINGS FUND I LP WCP AIV. LP KNOWLEDGE UNIVERSE EDUCATION. LP TRUCKAST LLC RALLY LABS LLC SUBTOTAL PE FUNDS 3.688,788 2,043,016 833.211 6,153 6.571.168 26.511,544 1.225.078 181.277 SUBTOTAL OTHER PE 27.917.899 SUBTOTAL PRIVATE EQUITY NON-APOLLO 34,489.067 PRIVATE EQUITY/ DEBT & RESTRICTED STOCK ENVIRONMENTAL SOLUTIONS WORLDWIDE (ESWW) SUBTOTAL -PUBLIC ENVIRONMENTAL SOLUTIONS WORLDWIDE CONVERTIBLE NOTE ARTBINDER, INC. SUBTOTAL OTHER 12/31/14 Capital Account •1- cash 12/31/14 Capital Account •1- cash 12/31/14 Capital Account •/- cash 12/31/14 Capital Account •/- cash Monetization value per company 2013 K-1 •1- cash 2014 K-1 •/- cash 5,267,842 Cost 5,267,842 3.091.661 9.998 3.101,659 SUBTOTAL PRIVATE EQUITY/DEBT & RESTRICTED STOCK 8.369,501 TOTAL OTHER PRIVATE EQUITY/DEBT & RESTRICTED STOCK • Allocated debt in excess of negative tax basis INVESTMENT PARTNERSHIPS LONE CASCADE LP MILLENNIUM GROUP USA LP CANYON VALUE REALIZ. FUND LP ANCHORAGE CAPITAL PARTNERS LP KING STREET CAPITAL LP AP TECHNOLOGY PARTNERS LLC AP SHL INVESTORS LLC TOTAL INVESTMENT PARTNERSHIPS • Allocated debt in excess of negative tax basis 42,858,567 27.389,989 27.864,513 19.218629 18,163,063 1,128,759 Cost plus interest Cost of funding 3/31/15 Estimate 3/31/15 Estimate 3/31/15 Estimate 3/31/15 Estimate 2/28/15 Capital ACCOUnt SUBTOTAL HEDGE FUNDS 93,765.153 58.300 % of Est. future Cash flows 1 Expected Write-Off SUBTOTAL OTHER FUNDS 58,301 93,823,454 5/11O015 TAB 3-D EFTA00597393