Pages

Monday, October 22, 2012

Black’s Apollo Seeks Control of Athene to Gain Annuities


Leon Black’s Apollo Global Management LLC (APO) is seeking to acquire control of Athene Holding Ltd. as the private-equity firm increasingly turns to the insurance business for assets to invest in high-yield and distressed debt. Apollo, which owns a nonvoting stake in Athene through an affiliate, has asked the Delaware Department of Insurance to approve a transaction involving the insurer’s voting stock, a step that would subject Black’s firm to regulation as an insurance holding company, according to a regulatory filing.

 The deal would pave the way for Athene, which originates and reinsures fixed annuities, to raise additional capital, said a person with knowledge of the plan, who asked not to be named because the information is private.

 READ MORE AS YOU ENTER THE WORLDS OF #MilesWeiss, #LeonBlack @BW Tags: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology keywords: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement

No comments:

Post a Comment

WHAT SAY YOU?