Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Apollo believes these factors include but are not limited to those described under the section entitled Risk Factors in the joint proxy statement/prospectus filed by Apollo Global Management, Inc. (formerly known as Tango Holdings, Inc.) with the Securities and Exchange Commission (the SEC) on November 5, 2021, Apollo Asset Management Inc.s (AAM, formerly known as Apollo Global Management, Inc.) Annual Report on Form 10-K filed with the SEC on February 19, 2021 and Quarterly Report on Form 10-Q filed with the SEC on May 10, 2021, and Athenes Annual Report on Form 10-K filed with the SEC on February 19, 2021, its amendment to its annual report on Form 10-K/A filed with the SEC on April 20, 2021 and Quarterly Report on Form 10-Q filed with the SEC on November 8, 2021, as such factors may be updated from time to time in Apollos, AAMs or Athenes periodic filings with the SEC, which are accessible on the SECs website at http://www.sec.gov. Please reach out to your financial professional if you have any questions about insurance products and their features. For more information, please visit www.athene.com. Use these resources to help you make your next life your best life. The new company has approximately $5 billion in assets, a broader product suite, a highly diversified, highly rated customer base, and is expected to be rated investment grade. Annuities contain features, exclusions, limitations and availability that may vary by state and/or sales distributor. This press release does not constitute an offer of any Apollo fund. The reconciliation of book value per common share to adjusted book value per common share is as follows: Accumulatedchangeinfairvalueofreinsuranceassets, EffectofitemsconvertibletoorsettledinClassAcommonshares. We look forward to continuing to support the business and its next phase of growth.. Athene Co-Invest Reinsurance Affiliate International Ltd. Additional Information Regarding the Transaction and Where to Find It. Apollo and Athene to Merge in All-Stock Transaction Dedication to a financial strategy gives Graham the means to live his dream.
Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state. This press release does not constitute an offer of any Apollo fund. The institutional channel includes reinsurance and group annuity contracts related
At Athene, we're always reaching higher so you retire better. PDF Apollo and Athene to Merge in All Stock Transaction Investor Presentation PDF Athene Holding Ltd. Reports Fourth Quarter and Full Year 2021 Results The earnings release, financial supplement, and earnings presentation are available at ir.athene.com/financials/quarterly-results. Use these resources to help you make your next life your best life. These statements include, but are not limited to, discussions related to Apollos expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis. Jim Belardi, CEO of Athene said, "Our robust fourth quarter results capped a year of record growth in which we generated $56 billion of gross inflows across our diversified funding channels, underwritten to very attractive returns above our historical average. Copies of the documents filed with the SEC by AGM are available free of charge under the "Stockholders" section of AGM's website located at http://www.apollo.com or by contacting AGM's Investor Relations Department at (212) 822-0528 or [emailprotected]. I am looking forward to working with the collective teams to ensure that the strong legacy of success that both Wheels and Donlen have built continues as a combined organization.". Apollo undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. Wheels Chief Financial Officer Shlomo Crandus will lead the new company as CEO, and both the management team and Board of Directors will contain representatives from Donlen and Wheels. As a firm, we continue to demonstrate leadership, strategic differentiation and superior performance across our investment platform., Athene Chairman and CEO Jim Belardi said, Todays announcement reflects the strength and strategic nature of our longstanding mutually beneficial relationship with Apollo one which has already created enormous value for each other and our respective constituents. Factors that could cause actual results, events and developments to differ include, without limitation: the accuracy of Athene's assumptions and estimates; Athene's ability to maintain or improve financial strength ratings; Athene's ability to manage its business in a highly regulated industry; regulatory changes or actions; the impact of Athene's reinsurers failing to meet their assumed obligations; the impact of interest rate fluctuations; changes in the federal income tax laws and regulations; the accuracy of Athene's interpretation of the Tax Cuts and Jobs Act; litigation (including class action litigation), enforcement investigations or regulatory scrutiny; the performance of third parties; the loss of key personnel; telecommunication, information technology and other operational systems failures; the continued availability of capital; new accounting rules or changes to existing accounting rules; general economic conditions; Athene's ability to protect its intellectual property; the ability to maintain or obtain approval of the Delaware Department of Insurance, the Iowa Insurance Division and other regulatory authorities as required for Athene's operations; the delay or failure to complete or realize the expected benefits from the proposed merger with Apollo Global Management; and other factors discussed from time to time in Athene's filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2020, its quarterly report on Form 10-Q for the quarterly period ended September 30, 2021, and its other SEC filings, which can be found at the SECs website www.sec.gov. pension risk transfers. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to Apollos dependence on certain key personnel, Apollos ability to raise new Apollo funds, the impact of COVID-19, the impact of energy market dislocation, market conditions, and interest rate fluctuations, generally, Apollos ability to manage its growth, fund performance, the variability of Apollos revenues, net income and cash flow, Apollos use of leverage to finance its businesses and investments by Apollo Funds, Athenes ability to maintain or improve financial strength ratings, the impact of Athenes reinsurers failing to meet their assumed obligations, Athenes ability to manage its business in a highly regulated industry, changes in Apollos regulatory environment and tax status, litigation risks and Apollos ability to recognize the benefits expected to be derived from the Merger. For more information, please visit www.athene.com. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Athene Holding Ltd. (Athene) is a leading retirement services company that issues, reinsures, and acquires retirement savings products. ir@athene.com. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details. West Des Moines, IA 50266, Call: 888-ANNUITY (888-266-8489) Information about the directors and executive officers of AGM and HoldCo is set forth in AGM's proxy statement for its 2021 annual meeting of stockholders, which was filed with the SEC on August 16, 2021, its annual report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on February 19, 2021, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Copies of the documents filed with the SEC by Athene will be available free of charge under the Investors section of Athenes website located at http://www.athene.com or by contacting Athenes Investor Relations Department at (441) 279-8531 or ir@athene.com. This years event brought together nearly 300 attendees and featured young Bermudians speaking about their career experiences, panels with industry experts, and roundtable discussions on industry topics such as job candidate branding and the value of joining the Life industry.
from 8 AM - 9 PM ET. Notification that form type 10-Q will be submitted late. NEW YORK and HAMILTON, Bermuda, March 08, 2021 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Athene (NYSE: ATH) have entered into a definitive agreement to merge in an all-stock transaction that implies a total equity value of approximately $11 billion for Athene. For Apollo and Athene, Aqua is highly complementary to our portfolio of diversified origination platforms, extending our access to quality consumer loan flow., Menes Chee, a Senior Managing Director at Blackstone, and C. C. Melvin Ike, a Principal at Blackstone, said, We are pleased to have backed Aqua, Rich, and his management team as they built a strong financial technology platform serving customers across the country. Apollos conversion to a simplified structure with a single class of common stock with equal voting rights and empowering the full Board with management responsibility of the business are also two significant steps towards these ends., Apollo Co-Founder Josh Harris said, This merger is an important and strategic step for our firms growth. We are excited to partner with this new investor group as we enter the next stage of expansion for Aqua. Completion of these additional changes is expected to make Apollo eligible for inclusion on the S&P 500. Walkers Global represented Athenes special committee on matters of Bermuda law. Apollo Global Management, Inc. Blackstone to Maintain Minority Investment in Aqua Finance, Specialist Platform on Track to Originate $2 Billion of Loans in 2021. Such statements are subject to risks and uncertainties that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. Media: . Annuities contain features, exclusions, limitations and availability that may vary by state and/or sales distributor. These statements are based on the beliefs and assumptions of Athene's management and the management of Athene's subsidiaries. These students come from towns and cities across the state and represent the next generation of individuals who will help drive change in our communities. The full earnings release, financial supplement, and earnings presentation are available on the ir.athene.com website. Investors' behaviour in the Athens Stock Exchange (ASE) Our Class M common shares were in the legal form of shares but economically functioned as options as they were convertible into Class A common shares after vesting and payment of the conversion price. 2019 Athene Holding Ltd. Combined with Donlen, we see even more opportunities for growth, best in class customer service and deployment of capital across the sector. Conference CallManagement will host a conference call to review Athene's financial results on Wednesday, February 17, 2021 at 10:00 a.m. Apollo Completes Merger with Athene and Finalizes Key Governance Creating lifetime income for a secure retirement. 7700 Mills Civic Parkway Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, shareholders, and the communities in which we work and live. This press release is being made in respect of the proposed transaction involving Apollo, Athene and a holding company (HoldCo). ", Incoming CEO Shlomo Crandus said, "Today's announcement is about bringing together two best-in-class fleet management platforms to better serve the growing number of businesses that recognize the financial and operational benefits of outsourcing their fleet and mobility solutions. However, we believe the adjustments to the shares and equity are significant to gaining an understanding of our overall results of operations and financial condition. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in other filings. Investors and security holders may obtain free copies of the definitive joint proxy statement/prospectus, any amendments or supplements thereto and other documents containing important information about Apollo and Athene, once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov. Our ratings reflect our ability to meet ongoing obligations to our customers.1. from 8 AM - 9 PM ET. Posted below is a draft of the Underwriting Agreement (which includes a draft of the lock-up agreement in favor of the underwriters as Annex II) and the above-referenced legal opinion that may be required by the Underwriters. 8:00 a.m. - 5:00 p.m. CT, Monday - Friday. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. Under the terms of the transaction, each outstanding Class A common share of Athene will be exchanged for a fixed ratio of 1.149 shares of Apollo common stock. Athene hosted and sponsored this years annual United Way Stuff the Bus event alongside Ernst and Young. The failure to complete all documentation will put at risk your ability to participate in the Offering. November 29, 2021 16:30 ET
HAMILTON, Bermuda, Nov. 3, 2021 /PRNewswire/ --Athene Holding Ltd. ("Athene") (NYSE: ATH), a leading financial services company specializing in retirement solutions, today announced financial results for the third quarter 2021. It is possible that actual results will differ, possibly materially, from the anticipated results indicated in these statements. While Apollo is unable to accurately predict the full impact that COVID-19 will have on Apollos results from operations, financial condition, liquidity and cash flows due to numerous uncertainties, including the duration and severity of the pandemic and containment measures, Apollos compliance with these measures has impacted Apollos day-to-day operations and could disrupt Apollos business and operations, as well as that of the Apollo funds and their portfolio companies, for an indefinite period of time. Insurance products may not be available in all states. The combined company will be led by incoming Apollo CEO Marc Rowan. Creating lifetime income for a secure retirement. It's a great time for you to join one of the leading retirement services companies. Creating lifetime income for a secure retirement. Use these resources to help you make your next life your best life. NEW YORK, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the appointment of Noah Gunn as Managing Director and Global Head of Investor Relations. It is important that you complete all documentation. After carefully reviewing Athenes options to unlock value for shareholders, Athene and Apollo determined that the potential of a fully aligned business would be significantly greater than a sum-of-the-parts. The companies intend for the transaction to qualify as a tax-free transaction for U.S. federal income tax purposes so that it will be tax efficient for Athene shareholders. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details. Jim Belardi, CEO of Athene said, "In the third quarter, we originated nearly $12 billion of gross organic inflows, a new quarterly record for Athene. Country of Fitch Office. Apollos business will continue to be led by Co-Presidents Scott Kleinman and James Zelter. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. AboutAthene Athene Holding Ltd. (NYSE: ATH), through its subsidiaries ("Athene"), is a leading financial services company with total assets of $224.4 billion as of September 30, 2021 and operations in the United States, Bermuda, and Canada. Lazard Frres & Co. and Houlihan Lokey served as financial advisors to the special committee of Athenes board and each provided fairness opinions. Outcome of board meeting. Management continues to expect the transaction to be credit ratings positive for all rated entities within the combined company. Athene | Retirement Services | Leading Annuity Provider Global Head of Investor Relations (212) 822-0540 IR@apollo.com. to
Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. INVESTMENT AND INSURANCE PRODUCTS ARE: HAMILTON, Bermuda June 23, 2023 Athene Life Re hosted its inaugural Life Career Expo on June 13th at Pier 6 in Hamilton. I am thrilled to partner with experienced leaders and talented teams within both businesses that will drive our differentiated One Apollo model forward. The transaction requires the approval of shareholders of both Apollo and Athene, and is subject to, among other things, the expiration or termination of the applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, other antitrust and regulatory approvals, and other customary closing conditions. Following the transaction, Apollo Global Management, Inc. is now the publicly traded combined entity, with approximately 600 million shares of a single class of voting stock entitled to one vote per share. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. Cision Distribution 888-776-0942 For additional information, please visit www.wheels.comor contact info@wheels.com. ", Jim Frank, Chairman of Wheels, Inc., said, "More than 80 years ago, my father set out to fill a client's need which resulted in an innovative solution the world's first fleet management company. The Board of Directors of the combined company will be a diverse, 18-member Board that is two-thirds independent. With this result, we have already surpassed the level of total organic inflows generated in all of 2020, which was our previous record. Sidley Austin LLP is serving as legal counsel to Apollo. Donlen CEO Tom Callahan will become a senior executive and board member of the combined company. Let us help you achieve your goals for retirement savings and income. Please reach out to your financial professional if you have any questions about insurance products and their features. We are excited by the opportunities that lie ahead to grow the business with a strong partner like Athene. Summary. Effective February 28, 2020, all Class B common shares were converted into Class A common shares and all Class M common shares were converted into warrants and Class A common shares. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. By accessing such documents, you agree to keep the documents and any information contained therein confidential and not use such information for any purpose other than in connection with the purposes for which such documentation or information has been provided to you. Q3 2022 Athenex Inc. Earnings Conference Call. assumptions, including Athene's failure to recognize the benefits expected to be derived from the transactions with Jackson; and the failure to achieve the economic benefits expected to be derived from the ACRA capital raise. ", Belardi continued, "Our strong financial results demonstrate both the resilience of our model and our ability to drive consistent excellence even through periods of volatility. Athene Life Re Ltd. audited GAAP Financial Statements Years Ended 2019 and 2020. Protecting savings in turbulent times. For more information, please visit www.athene.com. Chairman Leon Black, Co-Founder Josh Harris and Lead Independent Director Jay Clayton will continue to serve in their respective roles. When typing in this field, a list of search results will appear and be automatically updated as you type. S&P rating as of December 2022 (A+, 5th highest out of 21), Fitch rating as of May 2023 (A+, 5th highest of 19), A.M. Best rating as of May 2023 (A, 3rd highest of 16) and Moodys rating as of July 2022 (A1, 5th highest of 21). Investor Day 2021 Email Alerts Investor Relations News & Events Investor Day 2021 Investor Day 2021 Below you'll find footage of Apollo's 2021 Investor Day, featuring senior leaders across the business providing insight on our long-term growth strategy and financial outlook. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. Investor FAQs; Information Request; E-mail Alerts; IR Contacts; Careers; Menu back . Reinsurance Pension Group Annuities (PGA) About Athene Careers Contact Us See All News Call: 888-ANNUITY ( 888-266-8489) 8:00 a.m. - 5:00 p.m. CT, Monday - Friday. And it further aligns interests with our fund investors, giving us a bigger balance sheet to invest alongside clients in our various fund products., Apollo Founder and Chairman Leon Black said, Apollo occupies an enviable position in our industry, and we have been keenly focused on how to evolve our differentiated platform for long-term success. After making this determination, K&S will confirm to you by sending an e-mail to the address provided in the questionnaire that either K&S is so representing you or that it cannot do so. However, such documents are not currently available. This site uses cookies. It's a great time for you to join one of the leading retirement services companies. Athene is the Lead Investor in the Combination of Wheels and Donlen Athene will continue to be led by CEO Jim Belardi with his current management team and full workforce. Presentations | American Equity Investment Life Holding Company Adjusted AHL common shareholders' equity is calculated as the ending AHL shareholders' equity excluding AOCI, the cumulative change in fair value of funds withheld and modco reinsurance assets and preferred stock. 7700 Mills Civic Parkway Athene Holding | ATH Stock Price, Company Overview & News In addition, Apollo expects the enhanced trading profile of its stock to attract a broader and diversified investor base over time. I am incredibly proud of what our team has achieved, and I am equally impressed by the reputation Donlen has built as a fleet manager. By signing up you agree to receive content from us. Information about the directors and executive officers of the Company is set forth in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on February 19, 2021, its amendment to its annual report on Form 10-K/A for the fiscal year ended December 31, 2020, which was filed with the SEC on April 20, 2021, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Quarterly Results Quarterly Results Show all. This material is a general description intended for general public use. Safe Harbor for Forward-Looking Statements This press release contains, and certain oral statements made by Athene's representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.