Apollo-backed Athene delays IPO plan while seeking CFO
October 6, 2015 by SONALI BASAK AND ALEX BARINKA
(Bloomberg) — Athene Holding Ltd., the insurer with ties toApollo Global Management LLC, is pushing back a plan to file for an initial public offering as the company seeks a chief financial officer.
The venture expects to file an initial prospectus in early 2016 with a deadline of June 30, according to a statement Tuesday by AP Alternative Assets, a publicly traded investment vehicle managed by Apollo, and Athene’s largest shareholder. The firm had previously set a deadline of Nov. 30. Results for the quarter ended Sept. 30 will be included in the filing next year, the company said. Click HERE to read article