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Apollo Global Management (NYSE: ATH) is a renowned global investment manager with assets under management (AUM) totaling approximately $455 billion as of December 31, 2020. The company operates across three primary business segments: credit, private equity, and real assets funds. Apollo is dedicated to providing a wide range of investment solutions to its clients, leveraging its extensive industry experience and global reach.
Apollo's credit segment is one of the largest in the world, focusing on both performing and distressed debt. This segment aims to deliver compelling risk-adjusted returns through a variety of strategies. In the private equity space, Apollo is known for its value-oriented investment approach, targeting opportunities where it can drive operational and strategic improvements. The real assets segment includes investments in infrastructure, natural resources, and real estate, providing diversified exposure to physical and tangible assets.
Athene Holding Ltd., a subsidiary of Apollo, is a leading retirement services company with $300 billion of total assets as of December 31, 2023. Athene offers a comprehensive suite of retirement income and savings products to individuals and acts as a solutions provider for corporations. The company operates in key markets including the United States, Bermuda, Canada, and Japan.
Depositary shares for Athene's Series A, B, C, D, and E Preferred Stock are listed on the New York Stock Exchange under the ticker symbols “ATHPrA,” “ATHPrB,” “ATHPrC,” “ATHPrD,” and “ATHPrE,” respectively. These shares provide investors with stable dividend income and are part of Athene's capital structure to support its growth and financial stability.
Apollo continues to expand its global footprint and enhance its product offerings through strategic partnerships and acquisitions. The company is committed to maintaining a strong financial condition, ensuring sustainable growth, and delivering value to both its clients and shareholders.
For more information, please visit www.apollo.com or contact Jeanne Hess, VP of External Relations, at +1 646 768 7319 or via email at jeanne.hess@apollo.com.
Athene Holding has declared quarterly preferred stock dividends for its five series of non-cumulative preferred stock, payable on December 30, 2024 to holders of record as of December 15, 2024. The dividends per depositary share are: Series A (ATHPrA) at $0.396875 (6.35% Fixed-to-Floating Rate), Series B (ATHPrB) at $0.3515625 (5.625% Fixed-Rate), Series C (ATHPrC) at $0.3984375 (6.375% Fixed-Rate Reset), Series D (ATHPrD) at $0.3046875 (4.875% Fixed-Rate), and Series E (ATHPrE) at $0.484375 (7.750% Fixed-Rate Reset).
Athene Holding announced that Executive Vice President and Chief Financial Officer Martin Klein will retire after serving in the role since 2015. Klein will remain in his position until a successor is appointed, after which he will transition to a Senior Advisor role. The company will initiate a search for a new CFO. CEO Jim Belardi acknowledged Klein's strong financial leadership and contributions during his nearly ten-year tenure. Klein, who has over 30 years of experience in insurance and financial services, expressed his commitment to ensuring a smooth transition.
Athene Holding , a retirement services company and subsidiary of Apollo Global Management (NYSE:APO), has announced a Fixed Income Investor conference call scheduled for Thursday, November 14, 2024, at 10:00AM ET.
The call will feature Athene's senior management team discussing business trends, new business origination, investment portfolio, and capital. Investors can access the presentation, live webcast, and replay through Athene's Investor Relations website at ir.athene.com. The conference call can be joined via toll-free dial-in at 877-404-1236 (domestic) or +1 215-268-9888 (international).
Athene Holding has announced the pricing of $600 million in 6.625% fixed-rate reset junior subordinated debentures due 2054. The offering is expected to close on October 10, 2024, subject to customary conditions. Athene plans to use the net proceeds for general corporate purposes, which may include the future redemption or repurchase of its $600 million 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Series C Preferred Stock.
The debentures are being offered through a shelf registration statement filed with the SEC. Wells Fargo Securities, BofA Securities, Goldman Sachs & Co. , and Morgan Stanley are acting as joint book-running managers, with several other firms serving as co-managers for the offering.
Athene Holding has declared preferred stock dividends for the third quarter of 2024, payable on September 30, 2024, to holders of record as of September 15, 2024. The dividends are for five series of non-cumulative preferred stock:
- Series A: $396.875 per share (6.35% Fixed-to-Floating Rate)
- Series B: $351.5625 per share (5.625% Fixed-Rate)
- Series C: $398.4375 per share (6.375% Fixed-Rate Reset)
- Series D: $304.6875 per share (4.875% Fixed-Rate)
- Series E: $484.375 per share (7.750% Fixed-Rate Reset)
Depositary shares for each series are listed on the NYSE under ticker symbols ATHPrA, ATHPrB, ATHPrC, ATHPrD, and ATHPrE respectively.
Athene Holding , a leading retirement services company and subsidiary of Apollo Global Management, announced a Fixed Income Investor conference call on August 8, 2024, at 10:00 AM ET. The call will feature senior management discussing current business trends, new business origination, investment portfolio, and capital.
Athene will provide an accompanying presentation and live webcast, which will be accessible via the Investor Relations section of their website at ir.athene.com. A webcast replay will also be available. Dial-in for the call is toll-free at 877-404-1236 (domestic) or +1 215-268-9888 (international).
John Hedlund, a mortgage industry veteran and operations leader, has joined FundingShield's advisory board. He brings extensive experience from AmeriHome Mortgage and Adanac Advisory Group, contributing to FundingShield's growth in areas like cyber security and fraud prevention. With a strong background in financial services and leadership roles at top institutions, John's addition to the board is expected to drive innovation and revenue growth for FundingShield.
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