Empire Valuation Consultants, LLC provided a valuation report estimating the fair market value of a 1% limited partnership interest in Black Family Partners, LP as of June 3, 2015. The valuation was requested by Alan Halperin, Esq. on behalf of Mr. Leon Black for estate planning purposes related to GRAT annuity payments. The report concluded that the fair market value of the interest was $19,700,000. The valuation was conducted using various methodologies including the Income, Market, and Asset Accumulation approaches, and considered factors such as the partnership's assets, liabilities, and market conditions. The report also included a detailed analysis of the partnership's investments, including those in Apollo Global Management LLC and other private equity and hedge funds.
documents/EFTA01085958.pdf
{}