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Saturday, July 4, 
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Icahn hints at why Leon Black is taking Apollo public

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Leon_Black.jpgEarlier in the week, buyout firm Apollo Management LLP filed to go public. To put the news in perspective, Dealscape highlighted an exclusive video of Carlyle Group founder David Rubenstein explaining the impetus for private equity firms going public. In short, Rubenstein compared it to the rush of investment bank IPOs in the 1970s. However, Carl Icahn may have a different opinion of why Apollo founder Leon Black (pictured) is taking his firm public. Watch the video of Icahn explaining what drives Black after the jump. - Matthew Wurtzel

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