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    • Apollo insurer’s share sale seen improving prospect for buyouts

    January 13, 2014 by Zachary Tracer

    Athene Holding Ltd., the insurer controlled by Apollo Global Management LLC, is gearing up for more acquisitions by raising $500 million from investors.

    Athene will probably fund deals by raising equity “in the near-term,” according to a document on the website of an Apollo affiliate. The insurer said yesterday it would raise the funds through a private placement by seeking at least $5 million from each investor. Click here to read…

    Originally Posted at LifeHealthPro on January 10, 2014 by Zachary Tracer.

    Categories: Industry Articles
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