Athene Holding Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Athene Holding Ltd. - overview
Established
2009
Location
-, IA, US
Primary Industry
Insurance
About
Based in Iowa, US, and founded in 2009, Athene Holding Ltd. (Athene) operates as an insurance holding company, and through its subsidiaries, it offers retirement services focusing on reinsuring fixed and equity-indexed annuities. James Belardi is the CEO and co-founder of the company. As of 2020, the company has 1,350 employees.
Athene has operations in the United States, Bermuda, and Canada. In March 2020 Apollo Global Management acquired a 17% stake in Athene Holdings Ltd for USD 350 million in cash, and in March 2021, Apollo Global Management agreed to acquire Athene Holding Ltd. in an all-stock transaction that implies a total equity value of approximately USD 11 billion. The organization offers products for individual annuities that provide insurance against the risk of outliving money after retirement.
The annuities include fixed indexed annuities (FIA), multi-year guarantee annuities (MYGA), registered index-linked annuities (RILA), and single premium immediate annuities (SPIA). The firm provides guaranteed income payments to covered individuals in group annuities. The company's products are tailored for retail and institutional clients.
Current Investors
Apollo
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries, Reinsurance
Website
www.athene.com
Verticals
InsureTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Athene Holding Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Petros PACE Finance, LLC | - | ||||||||
| Growth | Completed | FWD Group | - | ||||||||
| Add-on, Trade Sale | Completed | Aqua Finance, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Donlen Corporation | - | ||||||||
| Add-on, Trade Sale | Announced | Newfi Lending | - |
Displaying 1 - 5 of 22
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.