Elysium Management

Elysium Management

Elysium Management was established in 1992 by Leon Black after he co-founded Apollo Global Management. The firm serves as the single-family office for Black and his immediate family. It focuses on long-term capital preservation through a mix of direct holdings and external fund relationships. The portfolio spans private equity, real estate, infrastructure, and public markets. Investments occur via direct co-investments, SPVs, and fund commitments. Confirmed positions include early-stage healthcare services holdings. Activity covers North America and Europe. The firm also maintains residential real estate assets in New York, Southampton, London, and Beverly Hills. Elysium employs a core team led by President Barry Cohen and Chief Investment Officer Gregory Ruben. Son Ben Black supports operations through the Abu Dhabi office and the Fortinbras platform. Daughter Victoria Black directs philanthropic efforts via the Debra and Leon Black Family Foundation and the Leon Black Family Foundation. In 2024 the firm opened Scimitar, its first office outside the United States, inside Abu Dhabi Global Market. Leon Black’s board roles at the Museum of Modern Art and Dartmouth College provide access to art-market and alumni networks that sit outside conventional deal channels. These relationships operate separately from the investment mandate and are not used for fundraising.