Hedge Funds

Apollo co-founders Leon Black and Josh Harris clash over Black’s departure

Tension between Leon Black and his Apollo Global Management co-founder Josh Harris is boiling over, threatening to buffet the investment giant with fresh controversy.

In a filing last week in a rape and defamation case brought by a woman with whom he has admitted to having a yearslong affair, Black accused Harris of plotting his removal from Apollo in an act of revenge for being passed over to succeed Black as chief executive officer.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire