Apollo and its insurance company Athene invest American retirement funds. Are risks to pensioners rising?
Rising interest rates, asset devaluation, and insurance investments are complicating risks for Apollo’s investors and retirees.
So are labor problems at Apollo’s portfolio companies. Some workers at Apollo’s Cardenas Markets have filed charges with the California Civil Rights Department and the National Labor Relations Board.
We think Apollo and Athene are wrong for American workers and their retirement.
Apollo’s insurance subsidiary Athene invests in complex, illiquid assets at a higher percentage than its peers.
What does that mean for retirees who depend on those invested pension assets? Read more
What does that mean for retirees?
Apollo is reportedly proposing that public pension investors in its private equity funds sell older investments at a loss to free up money to invest in Apollo’s new fund X, according to Bloomberg.
Is that good for public employee pensioners? Read more
Workers at Apollo’s Cardenas Markets have filed charges with the California Civil Rights Department and the National Labor Relations Board.
Are Apollo portfolio companies good for workers? Read more
Policymakers and regulators should follow the money in Apollo’s $248 Billion insurance enterprise, Athene.
Are Athene’s “advances” from the government-sponsored FHLB system, its offshoring of insurance capital, and its illiquid investments adding risks to pensioners or the FHLB? Read more