The Story Behind Apollo's $11 Billion Takeover of Athene

The video discusses the strategic relationship between Apollo and Athene, highlighting their intertwined history and the impact on the market. It covers governance changes at Apollo, simplifying its share structure to attract investors. The video also explores the credit origination process, comparing Apollo's market position to Blackstone. Finally, it touches on Athene's potential acquisition of Greensill assets and the strategic benefits of such moves.

What was the primary reason for the merger between Apollo and Athene?

• To diversify into technology investments

• To create one of the largest annuity companies in America

• To reduce operational costs

• To expand into the European market

How is Apollo simplifying its governance structure?

• By reducing the number of board members

• By merging with another private equity firm

• By implementing a one vote per share system

• By introducing a dual-class share system

What is a key strategic advantage for Apollo in owning the credit origination process?

• It increases their market share in Europe

• It diversifies their investment portfolio

• It reduces their tax liabilities

• It allows them to better assess risks

How does the market value of the merged Apollo and Athene compare to Blackstone?

• It is significantly higher

• It is slightly higher

• It is significantly lower

• It is about the same

What role does Athene play in Apollo's strategy regarding Greensill assets?

• Athene is selling its assets to Greensill

• Athene is selectively acquiring Greensill assets

• Athene is not involved with Greensill assets

• Athene is buying all Greensill assets