Relationship between Athene and Apollo:
Apollo played a role in the formation of Athene. In 2009, Apollo co-founded Athene as a joint venture with Athene’s management team.
Athene was established to focus on the annuity business, while Apollo provided investment expertise and support.
Over time, Athene became a publicly traded company, and Apollo retained a significant ownership stake.
Apollo continues to manage Athene’s investment portfolio, and the two companies maintain a close relationship.
4 replies (most recent on top)
They should put the money in cryptocurrencies. There is no way to loose money.
Post ID: @1yfc+1skEHtj7
You are a nimrod!
It is not a good thing if that company uses the funds for risky investments that are not insured by PBGC!!!
It's fishy that a company in annuity business is close to AT&T. Very fishy indeed.
So is it a good thing for a company to manage annuity or bad? Close relationship is a good thing, right? Or not?