Private Equity SegmentENI from Apollo’s private equity segment was $55.8 million for the second quarter of 2012, a $56.5 million or 50% decrease compared to $112.3 million for the second quarter of 2011. Management Business revenues for the private equity segment were $134.3 million for the second quarter of 2012, compared to $87.0 million for the second quarter of 2011. The $47.3 million increase was primarily driven by higher advisory and transaction fees from the EP Energy acquisition previously mentioned. Management Business expenses for the private equity segment were $69.1 million for the second quarter of 2012, compared to $61.9 million for the second quarter of 2011.
Apollo Global Management, LLC Reports Second Quarter 2012 Results
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