Athene Holding Ltd. reported that its parent, Apollo Global Management, Inc., will host a public webcast to review Apollo’s financial results for the second quarter 2026 on August 4, 2026 at 8:30 a.m. ET.
During this call, Apollo senior management will also provide information on Athene’s second-quarter 2026 financial results and other business insights related to Athene. The webcast and an on-demand replay, available one hour after the event, can be accessed through Apollo’s investor relations website.
Athene Holding Ltd. announced that veteran pensions leader Robert Brackenbury has been appointed to its Board of Directors as an independent director, effective June 23, 2026. He is expected to enter into Athene’s standard director indemnification agreement and will be eligible for the company’s regular director compensation program as previously described in its Annual Report.
Brackenbury is the former Deputy Chief Investment Officer of the State of Michigan Retirement System, where he helped oversee more than $170 billion in pension and state trust fund assets. Athene, a retirement solutions company with $448 billion of total assets as of March 31, 2026, furnished a press release about the appointment as Exhibit 99.1 under Regulation FD.
Athene Holding Ltd. appointed Matthew Michelini as President of the company, effective July 1, 2026. He is a Partner at Apollo Global Management, previously served as Head of Asia-Pacific, and has been closely involved with Athene and other major Apollo growth initiatives since 2006.
In the new role, Michelini will focus on aligning Athene’s platform and advancing growth initiatives, including efforts to reinvent guaranteed lifetime income solutions. Athene describes itself as a leading retirement solutions company with $448 billion of total assets as of March 31, 2026, serving individuals and corporations across multiple geographies.
Athene Holding Ltd. furnished an update for fixed income investors by posting an “Athene Fixed Income Investor Presentation May 2026” on its investor relations website. The presentation accompanies a fixed income investor call taking place on May 15, 2025, at 10:00 a.m. Eastern Time.
The company notes that this information is provided under Regulation FD as furnished, not filed, meaning it is not subject to certain Exchange Act liabilities and is not automatically incorporated into other Securities Act or Exchange Act filings unless specifically referenced.
Athene Holding Ltd. reported a sharp swing to a GAAP net loss available to common of $1,973 million for the first quarter ended March 31, 2026, compared with a profit of $420 million a year earlier. Management attributes the drop in adjusted equity and higher leverage mainly to a $1.7 billion one-time tax expense tied to changes in Bermuda corporate income tax treatment. Despite the loss, Athene’s core spread-focused franchise remained profitable: non‑GAAP spread related earnings were $719 million, down 11% year over year, with net investment spread of 1.34% and net spread of 0.97%. Total assets reached $447,804 million and net invested assets were $300,290 million, supported by predominantly investment‑grade credit quality. Gross organic inflows were $19,747 million and net flows were $8,979 million, showing continued growth in annuity and funding agreement liabilities.
Athene Holding Ltd. posted a sharp turnaround to a Q1 2026 net loss of $1,482 million, compared with income a year earlier, as significant investment-related losses and a large income tax expense outweighed strong portfolio income. Total revenues were $3,668 million, down from $4,186 million, with net investment income rising to $4,769 million but more than offset by $2,078 million of investment-related losses and derivative impacts.
Total assets increased slightly to $447,804 million, while total liabilities rose to $414,104 million. Stockholders’ equity attributable to Athene declined to $17,848 million, reflecting both the net loss and other comprehensive losses from market movements on available-for-sale securities and hedging instruments.
Athene Holding Ltd. filed a report to furnish Apollo Global Management’s first-quarter 2026 earnings presentation, which includes Athene’s results. Apollo reported a GAAP net loss attributable to common stockholders of $1.93 billion, or $(3.27) per share, driven largely by a one-time $1.7 billion Bermuda tax expense.
On a non-GAAP basis, Apollo’s Adjusted Net Income was $1.21 billion, or $1.94 per share. Fee Related Earnings reached a record $728 million and Spread Related Earnings were $719 million. Total assets under management climbed to $1.03 trillion with quarterly inflows of $115 billion and last-twelve-month inflows of $300 billion.
Athene Holding Ltd. furnished an update under Regulation FD to let investors know that it has posted new investor presentations on its website at ir.athene.com. The materials are titled “Alternatives Portfolio Spotlight May 2026,” “Asset Portfolio Compendium May 2026,” and “‘Affiliated’ and ‘Related Party’ Assets May 2026.” The information is furnished, not filed, and is not automatically incorporated into other securities law filings unless specifically referenced.
Athene Holding Ltd. released preliminary figures for its alternative net investment income for the quarter ended March 31, 2026. The company estimates alternative net investment income of approximately $205 million pre-tax, representing an estimated 6% annualized return on alternative net investments.
Within this portfolio, Athene expects an estimated 7% annualized return from a pooled investment vehicle that holds the large majority of its alternative investments, despite an approximately (17)% annualized total return for the S&P 500 in the same period. Other alternative investments, including retirement services platforms, are estimated to earn a 3% annualized return.
Management emphasizes these figures are preliminary, subject to completion of closing procedures, and have not been audited or reviewed by the independent registered public accounting firm. Final results and broader financial details are expected in Apollo Global Management’s quarterly release and earnings call scheduled for May 6, 2026.
Athene Holding Ltd. is a financial services company focused on retirement savings, issuing and reinsuring annuities and funding agreements for individuals and institutions. Apollo Global Management beneficially owns 100% of its common stock, with 203,805 shares outstanding as of February 23, 2026.
In 2025, gross premiums and deposits, net of external ceded reinsurance, reached $83.65 billion, led by annuities of $46.16 billion and funding agreements of $35.38 billion. Net reserve liabilities totaled $271.23 billion, with 72% in annuity products. Athene leverages Apollo’s global asset management platform to pursue spread-based returns, emphasizing high-grade fixed income, direct origination and alternatives. Capital support includes on-demand vehicles ACRA 1 and ACRA 2, which together had $142.1 billion of retroceded reserve liabilities and $2.8 billion of undrawn third-party commitments as of December 31, 2025. Major insurance subsidiaries carry strong financial strength ratings of A+ or A1 with stable outlooks.