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Apollo Global Management LLC – IPO: ‘S-1/A’ on 3/21/11 – ‘EX-8.1’

On:  Monday, 3/21/11, at 10:35am ET   ·   Private-to-Public:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1193125-11-71959   ·   File #:  333-150141

Previous ‘S-1’:  ‘S-1/A’ on 2/18/11   ·   Latest ‘S-1’:  This Filing   ·   10 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/21/11  Apollo Global Management LLC      S-1/A¶                26:16M                                    Donnelley … Solutions/FA

Initial Public Offering (IPO):  Pre-Effective Amendment to Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1/A       Amendment No. 8 to Form S-1                         HTML   9.44M 
26: CORRESP   ¶ Comment-Response or Other Letter to the SEC         HTML     23K 
 2: EX-1.2      Form of Underwriting Agreement                      HTML    167K 
 3: EX-4.1      Specimen Certificate Evidencing the Registrant's    HTML     15K 
                          Class A Shares                                         
 4: EX-5.1      Opinion of O'Melveny & Myers LLP Regarding          HTML     15K 
                          Validity of the Class A Shares                         
 5: EX-8.1      Opinion of O'Melveny & Myers LLP Regarding Certain  HTML     18K 
                          Tax Matters                                            
 7: EX-10.14    Employment Agreement With Leon D. Black             HTML     88K 
 8: EX-10.15    Employment Agreement With Marc J. Rowan             HTML     89K 
 9: EX-10.16    Employment Agreement With Joshua J. Harris          HTML     89K 
10: EX-10.17    Employment Agreement With Barry Giarraputo          HTML     55K 
11: EX-10.18    Separation Agreement With Kenneth A. Vecchione      HTML     56K 
12: EX-10.19    Employment Agreement With Henry Silverman           HTML     25K 
13: EX-10.29    Employment Agreement With James Zelter              HTML     30K 
14: EX-10.30    Roll-Up Agreement With James Zelter                 HTML    189K 
15: EX-10.31    Form of Restricted Share Unit Award Agreement (For  HTML     87K 
                          Plan Grants)                                           
16: EX-10.32    Form of Restricted Share Unit Award Agreement (For  HTML     40K 
                          Bonus Grants)                                          
17: EX-10.35    Employment Agreement With Marc Spilker              HTML     70K 
18: EX-10.37    Employment Agreement With Gene Donnelly             HTML     56K 
19: EX-10.40    Non-Qualified Share Option Agreement With Marc      HTML     68K 
                          Spilker                                                
20: EX-10.41    Non-Qualified Share Option Agreement With Henry     HTML     86K 
                          Silverman                                              
 6: EX-10.8     Apollo Global Management, LLC 2007 Omnibus Equity   HTML     95K 
                          Incentive Plan                                         
21: EX-21.1     Subsidiaries of Apollo Global Management, LLC       HTML     68K 
22: EX-23.1     Consent of Deloitte & Touche LLP                    HTML     10K 
23: EX-23.3     Consent of Paul Fribourg to Be Named as A Director  HTML     11K 
                          Nominee                                                
24: EX-23.4     Consent of A.B. Krongard to Be Named as A Director  HTML     11K 
                          Nominee                                                
25: EX-23.5     Consent of Pauline Richards to Be Named as A        HTML     11K 
                          Director Nominee                                       


‘EX-8.1’   —   Opinion of O’Melveny & Myers LLP Regarding Certain Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Opinion of O'Melveny & Myers LLP regarding certain tax matters  

Exhibit 8.1

 

[OMM LETTERHEAD]

March 21, 2011

Apollo Global Management, LLC

9 West 57th Street New York,

New York 10019

Ladies and Gentlemen:

We have acted as special counsel to Apollo Global Management, LLC, a Delaware limited liability company (“AGM”), in connection with the preparation and filing by AGM with the Securities and Exchange Commission (the “Commission”) of the Registration Statement on Form S-1 (File No. 333-150141) on April 8, 2008 and as amended by Amendment No. 1 filed with the Commission on August 12, 2008, Amendment No. 2 filed with the Commission on November 23, 2009, Amendment No. 3 filed with the Commission on February 1, 2010, Amendment No. 4 filed with the Commission on March 22, 2010, Amendment No. 5 filed with the Commission on October 7, 2010, Amendment No. 6 filed with the Commission on January 10, 2011, Amendment No. 7 filed with the Commission on February 18, 2011 and Amendment No. 8 filed with the Commission on March 21, 2011 (collectively, the “Registration Statement”) in connection with the registration under the Securities Act of 1933, as amended, of the offer and sale of up to 35,624,540 of AGM’s Class A shares, representing Class A limited liability company interests of AGM (the “Class A shares”) by the selling shareholders of the AGM in part pursuant to a shelf registration and in part pursuant to an underwritten public offering (the “Underwritten Offering”) and the offer and sale of up to 21,938,633 Class A shares by AGM pursuant to the Underwritten Offering.

In connection with this opinion, we have examined the Registration Statement and the Amended and Restated Limited Liability Company Agreement of AGM, the Third Amended and Restated Limited Partnership Agreement of Apollo Principal Holdings I, L.P., a limited partnership registered in Delaware (“Holdings I”), the Third Amended and Restated Exempted Limited Partnership Agreement of Apollo Principal Holdings III, L.P., a Cayman exempt limited partnership (“Holdings III”) and the Second Amended and Restated Limited Partnership Agreement of Apollo Principal Holdings V, L.P., a limited partnership registered in Delaware (“Holdings V”), filed as Annex A of the prospectuses constituting part of the Registration Statement and Exhibits 10.2, 10.4 and 10.20 to the Registration Statement, respectively. In addition, we have examined, and have relied as to matters of fact upon, originals, or duplicates or certified or conformed copies, of such records, agreements, documents and other instruments and such certificates or comparable documents of public officials and of officers and representatives of AGM, Holdings I, Holdings III and Holdings V and have made such other and further


Apollo Global Management LLC, Page 2

 

investigations, as we have deemed necessary or appropriate as a basis for the opinion hereinafter set forth.

In such examination, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed copies, and the authenticity of the originals of such latter documents. We have assumed that any documents will be executed by the parties in the forms provided to and reviewed by us. Our opinion is conditioned on, among other things, the initial and continuing accuracy of the facts, information, covenants and representations set forth in the above documents and the statements and representations made by representatives of AGM, Holdings I, Holdings III and Holdings V without regard to any qualifications therein.

In rendering our opinion, we have considered the current provisions of the Internal Revenue Code of 1986, as amended, Treasury Department regulations promulgated thereunder, judicial authorities, interpretive rulings of the Internal Revenue Service (the “IRS”) and such other authorities as we have considered relevant, all of which are subject to change or differing interpretations, possibly on a retroactive basis. A change in the authorities upon which our opinion is based could affect our conclusions. There can be no assurance, moreover, that the opinion expressed herein will be accepted by the IRS or, if challenged, by a court. Moreover, a change in the authorities or the accuracy or completeness of any of the information, documents, statements, representations, covenants or assumptions on which our opinion is based could affect our conclusions.

Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein and in the Registration Statement, the discussion set forth in the Registration Statement under the caption “Material U.S. Federal Tax Considerations,” insofar as it expresses conclusions as to the application of United States federal income tax law, is our opinion as to the material U.S. federal income tax consequences of the ownership and disposition of Class A Shares of AGM.

We do not express any opinion herein concerning any law other than the federal tax law of the United States. We hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement and to the references to our firm under the headings “Material U.S. Federal Tax Considerations” and “Legal Matters” in the Registration Statement.

 

Respectfully submitted,
/s/ O’MELVENY & MYERS LLP

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-1/A’ Filing    Date    Other Filings
Filed on:3/21/118-A12B
2/18/11S-1/A
1/10/11S-1/A
10/7/10S-1/A
3/22/10S-1/A
2/1/10S-1/A
11/23/09S-1/A
8/12/08S-1/A
4/8/08S-1
 List all Filings 


10 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/24  Apollo Global Management, Inc.    10-K       12/31/23  205:49M
 3/01/23  Apollo Asset Management, Inc.     10-K       12/31/22  138:21M
 3/01/23  Apollo Global Management, Inc.    10-K       12/31/22  170:39M
 5/10/22  Apollo Global Management, Inc.    10-Q        3/31/22  143:31M
 2/25/22  Apollo Asset Management, Inc.     10-K       12/31/21  169:88M
11/02/21  Apollo Global Management, Inc.    S-4/A                 14:7.5M                                   Donnelley … Solutions/FA
 9/29/21  Apollo Global Management, Inc.    S-4/A                  6:6.2M                                   Donnelley … Solutions/FA
 7/08/21  Apollo Global Management, Inc.    S-4/A                 25:5.8M                                   Donnelley … Solutions/FA
 5/07/21  Apollo Global Management, Inc.    S-4                    3:5.4M                                   Donnelley … Solutions/FA
 2/19/21  Apollo Asset Management, Inc.     10-K       12/31/20  159:32M
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Filing Submission 0001193125-11-071959   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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