As billionaire Leon Black battled a public backlash over his $158 million in payments to sex-trafficker Jeffrey Epstein, one of his Dartmouth associates was elected this spring to the boards of both his private-equity firm Apollo Global Management and the Museum of Modern Art, where he’s riding out his last term as chairman amid scandal.
Pamela Joyner, a prominent San Francisco-based philanthropist and art collector, was voted into Apollo’s board in January—just before Black announced he would step down as CEO—and MoMA’s board of trustees soon after, The Daily Beast has learned. In late March, Black revealed he was giving up his role as MoMA chairman, though he remains on the museum’s board despite his Epstein problem and new accusations that he sexually assaulted and threatened a woman for years. (Black denies the woman’s claims and is adamant he had no knowledge or involvement in Epstein’s crimes.)
Joyner and Black, both Dartmouth College alums, served together on the school’s board of trustees and have a history of business ties. In 2005, according to one report, Joyner’s firm Avid Partners was the placement agent that helped an Apollo affiliate, Apollo Investment Management, secure a $150-million investment from North Carolina’s state pension fund. She also reportedly steered $40 million of Dartmouth’s endowment into Apollo funds.
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