Athene’s completes $500 million equity investment in US business

Athene Holding Ltd subsidiary Athene Life Re Ltd now owns an 11.1% economic interest in the US business of London-headquartered Prudential Plc. According to the board of directors of Prudential, Athene’s US$500 million equity investment has been finalized giving the “important investor” a 9.9% voting interest. “We are delighted to announce the completion of Athene’s $500 million equity investment in our US business,” commented Prudential group chief executive Mike Wells.

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The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate


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Spotlight

The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate

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