trending Market Intelligence /marketintelligence/en/news-insights/trending/lca5oivs6ayvx5mqkwmlrg2 content esgSubNav
In This List

SEC discontinued Apollo inquiry a month after loan to Kushner firm

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


SEC discontinued Apollo inquiry a month after loan to Kushner firm

The Securities and Exchange Commission discontinued its inquiry of Apollo Global Management LLC a month after the latter had provided a loan to Kushner Cos. LLC, according to The Associated Press.

Apollo loaned Kushner Cos. $184 million to refinance the mortgage on a Chicago building, according to the New York Times (the AP reported the loan was worth $180 million).

Joshua Harris, Apollo's founder, had several meetings with Kushner in 2017 to discuss a possible role in the administration earlier that year.