Group 1 - The article highlights Athene Holding Ltd. as an often overlooked security, specifically its 6.35% Dep Sh Fix/Float Non-Cumul Pref Shares Ser A (ATH.PR.A) [1] - The purpose of the article is to draw attention to investment opportunities in Athene Holding Ltd. [1] Group 2 - The article does not provide any specific financial performance data or metrics related to Athene Holding Ltd. [2]

Apollo's Overview - Apollo has \$733 billion in Assets Under Management (AUM) [13] - The company has approximately \$29 billion in regulatory capital [13] - Apollo's private equity business has achieved a gross IRR of 39% and a net IRR of 24% since inception [13] - Apollo's total earnings growth from 2022 to 2023 was 26% [13] Financial Performance and Targets - Apollo's last twelve months (LTM) 3Q'24 deployment was \$248 billion [20] - Total origination for LTM 3Q'24 reached \$194 billion [22] - Total inflows for LTM 3Q'24 were \$151 billion [22] - Apollo's record fee-related earnings for 3Q'24 were \$531 million [23] - Apollo is targeting \$275 billion+ in annual origination by 2029 [59] - The company aims for \$150 billion+ in cumulative organic capital raise in Global Wealth from 2025 to 2029 [59] - Apollo targets approximately \$1 billion in annual fee-related revenue from Capital Solutions by 2029 [59]

Core Viewpoint - Athene Holding Ltd. will redeem all outstanding shares of its 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C, along with the corresponding depositary shares on June 30, 2025 [1][2]. Group 1: Redemption Details - The Series C Preferred Stock will be redeemed on the upcoming dividend payment date, with all 24,000,000 depositary shares being redeemed [2]. - The redemption price for the depositary shares is set at $25.00 per share, equivalent to $25,000 per share of Series C Preferred Stock [3]. - No further dividends will be declared or paid following the redemption date, and the regular quarterly dividend will be paid separately to holders of record on June 15, 2025 [3]. Group 2: Company Overview - Athene is a leading retirement services company with over $380 billion in total assets as of March 31, 2025, and operates in the United States, Bermuda, Canada, and Japan [5]. - The company focuses on providing financial security through a range of retirement income and savings products, also serving as a solutions provider to corporations [5].

Core Insights - Athene Holding Ltd. has appointed Louis-Jacques (LJ) Tanguy as Executive Vice President and Chief Financial Officer, effective March 1, 2025 [1][3] Company Overview - Athene is a leading retirement services company with over $360 billion in total assets as of December 31, 2024, and operates in the United States, Bermuda, Canada, and Japan [4] - The company focuses on providing financial security through a range of retirement income and savings products, and also serves as a solutions provider to corporations [4] Leadership Background - LJ Tanguy has over 25 years of extensive accounting and financial experience, previously serving as Chief Accounting Officer for Apollo since early 2022 [2] - His prior experience includes 13 years at Deutsche Bank as a Managing Director and roles at Merrill Lynch Japan Securities and Société Générale [2] Strategic Vision - The CEO of Athene, Jim Belardi, expressed confidence in Tanguy's ability to support the company's growth and innovation, highlighting his successful leadership in previous roles [3] - Tanguy himself expressed excitement about contributing to Athene's continued growth and collaborating with colleagues to achieve future objectives [3]