Private Equity

Apollo’s billionaire co-founder Leon Black comments on allegations of abuse

Black’s attorneys say the married private-equity mogul was engaged in a consensual, on-and-off relationship with Guzel Ganieva

Leon Black, the billionaire co-founder of Apollo Global Management, submitted a detailed response on 19 July to a lawsuit that accused him of forcing a woman into a years-long abusive relationship, roundly denying the allegations and calling the complaint “a work of fiction”.

Guzel Ganieva, a Russian immigrant and former model, sued Black on 1 June, accusing him of defamation and alleging he raped and harassed her. She said he forced her to endure a “cycle of intimidation, abuse and humiliation”.

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