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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 Ltd. announced a quarterly dividend declaration for its non-cumulative preference shares, payable on March 30, 2023. Holders of record as of March 15, 2023, will receive the following:
- $396.875 for Series A Preference Shares (6.35% rate)
- $351.5625 for Series B Preference Shares (5.625% rate)
- $398.4375 for Series C Preference Shares (6.375% rate)
- $304.6875 for Series D Preference Shares (4.875% rate)
- $581.25 for Series E Preference Shares (7.750% rate)
Athene's total assets reached $246 billion as of December 31, 2022, emphasizing its strong financial position.
Athene Holding Ltd. has announced a Fixed Income Investor conference call scheduled for February 22, 2023, at 12:00 PM ET. The call will include updates from Athene's senior management on key areas such as new business origination, investment portfolio status, liquidity positioning, and capital allocation. Investors can access the full details and a live webcast via the Investor Relations section of Athene's website. The company, a subsidiary of Apollo Global Management, reported total assets of $246 billion as of December 31, 2022, and is focused on providing financial security to its customers.
Athene Holding Ltd. announced a first close for the Apollo/Athene Dedicated Investment Program II (ADIP II) with $2 billion in capital commitments. This new fund aims to enhance Athene's growth by investing directly alongside Athene into ACRA 2, its reinsurance subsidiary. Building on ADIP I's success, which featured over $60 billion in assets, ADIP II's strong investor demand highlights its portfolio differentiation and performance. With access to over $7 billion in deployable capital, Athene plans to pursue growth opportunities in retirement services, underscoring the effective partnership with Apollo post-merger.
Athene Holding Ltd. has declared quarterly dividends on its non-cumulative preference shares, payable on December 30, 2022. The dividends include:
- $396.875 per share for Series A,
- $351.5625 per share for Series B,
- $398.4375 per share for Series C,
- $304.6875 per share for Series D.
Record date for these dividends is December 15, 2022. Athene continues to emphasize its commitment to providing financial security, boasting total assets of $236.7 billion as of September 30, 2022.
LeasePlan USA and Wheels Donlen have announced the completion of their merger, creating a leading corporate mobility solutions provider. The combined entity, managed by CEO Shlomo Crandus, oversees over 800,000 vehicles and $7 billion in assets in the US. Athene Holding serves as lead investor and majority shareholder, emphasizing a commitment to long-term stability and client service. The company aims to enhance its fleet management services, integrating advanced electric and digital solutions. A rebranding is expected in Q1 2023, with a focus on seamless client experiences.
Athene Holding Ltd. (NYSE: ATH) announced the sale of $400 million in 6.650% senior unsecured notes due 2033, with the offering set to close on November 21, 2022. The proceeds will be used for general corporate purposes. Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC, and Wells Fargo Securities are the joint book-running managers for the offering. As of September 30, 2022, Athene reported total assets of $236.7 billion, highlighting its strong position in the financial services sector specializing in retirement solutions.
Athene Holding Ltd. announced the results of its tender offers for cash concerning two series of senior secured medium-term notes. The Series 2022-6 Offer targeted $500 million of 3.205% notes due 2027, with $260.1 million validly tendered. The Series 2020-5 Offer targeted $650 million of 2.450% notes due 2027, with $238.1 million validly tendered. Both offers expired on September 12, 2022, with settlements expected on September 13, 2022. The offers mark a significant development in Athene's funding strategy, aimed at enhancing financial flexibility.
Athene Holding Ltd. has set pricing terms for cash offers to purchase two series of senior secured medium term notes. The Series 2022-6 Offer targets $500 million of 3.205% notes due March 2027, while the Series 2020-5 Offer focuses on $650 million of 2.450% notes due August 2027. The offers, which expire at 5:00 p.m. on September 12, 2022, are part of Athene's strategy to manage its financial liabilities. Investors can expect accrued interest on accepted notes. Deutsche Bank and Morgan Stanley are managing the offers.
Athene Holding Ltd. announced the commencement of two separate offers to purchase senior secured medium term notes. The Series 2022-6 Offer aims to acquire $500 million of 3.205% notes due 2027, while the Series 2020-5 Offer targets $650 million of 2.450% notes, also due 2027. This initiative reflects Athene's strong credit metrics and recent upgrades in credit ratings from Fitch to A+ and Moody's A1. The offers will expire on September 12, 2022, with settlement anticipated on September 13, 2022.
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