Epstein File EFTA00982025: Apollo Management and Arrangement (DS9)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA00982025: Apollo Management and Arrangement (DS9)

CorrespondenceDate unavailableEFTA009820251 keyword hits

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This document contains correspondence from Ada Clapp Black Family Partners c/o Apollo Management at 9 W 57th Street, New York, NY 10019, discussing insurance arrangements for art acquisitions. The communication addresses coverage policies for newly acquired art at appraised or fair market value and recommends continuing the current insurance arrangement based on cost savings to the Trusts.

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Apollo Management arrangement

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PersonKeyword

Excerpt 1

Ada Clapp Black Family Partners c/o **Apollo** **Management** 9 W 57th Street New York NY 10019 email: IRS Circular 230 Disclosure: Pursuant to IRS regulations

Excerpt 2

policy in each case would cover any new art acquired at the greater of the appraised value of fair market value at the time of loss (this is the same **arrangement**

Excerpt 3

the large savings for the Trusts, I think that it is a reasonable business decision on the part of the Trustees to continue with the current insurance **arrangement**