Government of the United States Virgin Islands v. JPMorgan Chase Bank, N.A., No. 122-cv-10904 (S.D.N.Y. 2022)/267-01.pdf

EXHIBIT 196 FILED UNDER SEAL Case 1:22-cv-10904-JSR Document 267-1 Filed 08/07/23 Page 1 of 8 Case 1:22-cv-10904-JSR Document 267-1 Filed 08/07/23 Page 2 of 8 KYC Summary ,IP.Morgan Ticket#· 1605464792933 Initiated Date 09/13/ 2014 08:04 Client N ame: LEON D BLACK ... , ..... , ..... ,, ................................................................................................................................................................................................................................................................................................................................................... .. Client Type: Individual E.Cl: 0220700646 Banker: JUSTI N D NELSON (U008568) LOB: UHNW ................................................................................................................................................................................................................................................................................................................................................................... Nationality: .U.N.ITE.P §TATE:§ KYC Status: rn ,mnllclo··············· ................... .................................. .................................. ....................................... .................................. ......................................................................... ................................... ......................... . KYC Type: KYC Three Year Periodic Review Primary Information ts the C!ient a JPMC employee'> No Front Office Restricted? Normal Prefix! Title Full Name LEON DBLACK Date of Birth Primary cot1ntry of domicile UNITED STATES ls the Ciient a US Citlz:en? Yes Client Addresses First Name LEON Generation Middle Name D Previous Narne / Alias Mother's tvlaiden Name Primary state of dorniciie New York Legal Address Title Company Name Mailing Labei Address 9 W 57TH ST FL 41 NEW YORK, New York 10 0 19-2701 U NITED STATES Confa::entiai ;.\ddress No Notes JPMC Internal Use Only Confidential Extension Extension Last Name BLACK Gender Male Counhy of Citizenship UNITED STATES Prirnary ccunl!y cf assets UNITED STATES Salutation This is a Call Back Number Yes This is a Call Back Number Yes Suffix Ma!ital S1atus Married JPM-SDNYLIT-00902715 Case 1:22-cv-10904-JSR Document 267-1 Filed 08/07/23 Page 3 of 8 ~-----------------------------------------------------------------~ l.Email i ; .... ! work Tax Type ofTax ID Social Security Number .... s_o_a_·a_l_S_e_cu_n_·t_y_N_u_m_b_e_r _______ __. _____________________________ _ ldentlficalkm ! Form of Government 10 [US DRIVER'S LICENSE i H) Number Issued By Country Issued By State Date Issued Expiration Date 1-........................... ........................ ~~.~~~ ... ?..!.~!..~.?. ..................... ................ ~:.~ .. ~?..~ .................. ... ........................... .......... ?.!.!.~.~(.~.~?..~ .... .......................................... ........ ?..!.'.~.1.!~.?..~.!. ....................... .. Decision Maker ECI 0220700646 Banker SID U008568 Investor SID U034450 Ciient Introduction Detaiis Decision Maker Full Name L EON D BLACK Banker Full Name JUSTIN D NELSON Client Service Team ID 400 Client Seivice T earn Narne Cost Center Code CT/FI NANCIAL LEADERS 002753 (DE} 12 Investor Fu!I Name PAUL S BARRETT ....................................................................................................................................................................................................................................................................................................................................................................................................................... { How were you introducoo to the client? Leon Black is a longstanding client of the private bank and very well known in the financial industry. Justin was originally introduced to Leon through his family office head Eileen Alexanders. What addruonai research have you done on the client, aside from meeting them in person? I JPMC Network 20 May 2008,Apollo is an existing PBFSG client, Leon is the founding partner; we also did additional internet research on the client : and his company, Apollo and we found no negative media. ! i Has the banker or other appropriate officer of JPMorgan met the cllent ln ~rson? (Yes ls the client a current or former Senior United States or Non-USA Ofilclal i also known as a Politically Exposed Person (PEP}, related to a PEP, or c!oseiy associated with a PEP? No Which country(ies) is(ara) the Clients primary Source of Wealth or ln<'.ome derived? UNITED STATES !s 10% or more of the wealth derived from assets, investments or company ownership in any OFAC Sanctioned Countrles? No ........... { ....................................................................................................................................................................................................................................................................................................................................................................................................................... { Employment Status Employed Source(s) of WeaH.n - identify the clients source(s} of wealth from the following list of options Employment, Income/Earnings from Client-Owned Business, Investments -Appreciation from lnvestable Assets Employment What is the clients current or furmer position? (Include an former positions, if significant to source of wealth) Occupation Employer Name Years at Position Annual Compensanon{inciuding salary & bonuses} JPMC Internal Use Only Confidential JPM-SDNYLIT-00902716 2 Case 1:22-cv-10904-JSR Document 267-1 Filed 08/07/23 Page 4 of 8 Apollo Founder, Partner 21 $500,000,000.00 !noomelEamlngs from Client.owned Business !s this a pfivata or public company? {ff private, please list owners• if pu biic, what is the ticker symbol?) This is a public company traded on the NYSE, the ticker symbol is: APO Describe the nature of the business and re!ated operations. Also, provide information on where the primary operations are located. Apollo is a private equity finn who specialized in leverage buyouts, purchases of distressed securities, and corporate restructuring. The headquarters Is located at 9 West 57th Street, New York, NY. Approximate yearly inc.-ome/saiary/bonusidistrlbutlon personally derived from the business? 500,000,000.00 Investments --Appreciation from !nvestable Assets Describe significant investment activities. (Types of investments and investment vehic!es such as stocks, bonds, re-al estate.) Leon Black invests in his company's funds which generates additional income. Where did the money used to make the investment(s} originalty oome from and how long has the client been an investor? The money originated from his employment and he has been an investor at Apollo for the duration of his time with the company, which is 21 years. Total Net Worth $5,000,000,000.00 What was tho total not worth based on Magazine or News Article Provide a dotaiied narrative of how the stated not worth/source of wealth oftt'le client was verified. Piease attach any supporting documentation to theKYC. Leon Black has been a long standing client of the private bank and is ve?; well known in the financial industry. From 1977 to 1990 Mr. Black worked at Drexel Burnham Lambert where ha was a Managing Director, aad of the Mergers & Acquisitions group and co-head of the Corporate Finance Department. In 1990 Mr. Black founded Apollo Global Management which focused on co~ate restructuring, leveraged buAouts, and takini minority positions in growth-oriented companies. In 2013 Mr. Black received approximately 546mm from his employment at pollo. I have attac ed an article from th