Apollo Global Management Investor Day Presentation Deck
Athene's Balance Sheet is Straightforward
ATHENE
Nearly All
Investment $209B
Grade¹
FIXED
INCOME /
YIELD ASSETS
94%
OF PORTFOLIO
$13B ALTS,
$7B
ALTS, 6% OF PORTFOLIO
OTHER, NET²
SPREAD-BASED
LIABILITIES
EQUITY
$209B
$20B
Persistent,
Predictable,
9 Year
Weighted
Average Life
Note: Data as of March 31, 2022. Spread-based liabilities equal to gross reserve liabilities. Equity equal to adjusted AHL common shareholder's equity, ACRA non-controlling interest, and preferred equity. Gross invested assets of $222 billion includes $184 billion of net invested assets and $38 billion of assets associated with ADIP.
1. 95% of AFS fixed maturity securities, including related party and ACRA non-controlling interest, designated NAIC 1 or 2. 2. Other, net includes all other assets as defined by GAAP excluding gross invested fixed income and alternative assets, less other liabilities including debt and accumulated other comprehensive income.
APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022
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