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Akila Grewal
Partner, Global Head of Institutional Client Group
Michael Downing
Co-President of Athene USA & Chief Operating Officer, Athene Holding; Partner, Apollo Global Management
Sean Brennan
Co-President of Athene USA & Chief Commercial Officer, Athene Holding; Partner, Apollo Global Management
Stephanie Drescher
Partner, Chief Client and Product Development Officer
Apollo has delivered investment solutions across the retirement ecosystem for more than three decades. Together, Apollo and Athene are combining private markets
Apollo and Athene are focused on the long-term financial future of retirees and the plans that serve them. Our asset management business seeks to generate excess returns on behalf of pensions and retirement plans, while Athene provides retirement savings and income solutions designed to help clients achieve financial security.
"Apollo has built its entire ecosystem around serving the retiree."
Scott Kleinman, Co-President of Apollo Asset Management
Hear from our leaders about how Apollo and Athene are empowering retirees.
Scott Kleinman, Co-President of Apollo Asset Management: Apollo has built its entire ecosystem around serving the retiree.
Shawn Wooden, Partner and Chief Public Pension Strategist at Apollo Global Management: The underlying mission, the whole reason we do what we do is to empower and protect the long-term future for retirees.
Matthew Michelini, President of Athene Holding Ltd: You have an aging population and rising inflation, and you have a demand for guaranteed yield over a long period of time.
Rebecca Tadikonda, Partner, Apollo and CEO, Vitera: A greater and greater amount of the workforce is moving from those working years into their retirement spending years. And many of them are actually underprepared.
Mike Downing, Co-President of Athene USA & Chief Operating Officer, Athene Holding; Partner, Apollo Global Management: What Apollo and Athene can bring together is the confidence to actually enjoy that retirement and enjoy those lifesavings and have a healthier and better retirement than they otherwise would have.
Stephanie Drescher, Partner, Chief Client and Product Development Officer: One of our largest segments of investors are pensioners: the teachers, the firefighters and we’re so proud that we partner with them to be able to position them for retirement.
Sean Brennan, Co-President of Athene USA & Chief Commercial Officer, Athene Holding; Partner, Apollo Global Management: The types of products, the types of pensions, that supported our parents and our grandparents won’t work for today’s retirees.
Neil Mehta, Partner and Head of New Markets at Apollo: Over the last 20 years, the number of public companies has been cut in half. We have exposure through public index funds to far less of the economy than we originally did.
Akila Grewal, Partner, Global Head of Institutional Client Group of Apollo Global Management: Our view is that private markets are a key component of retirees portfolios.
Shawn Wooden: Producing solutions along that risk-reward spectrum
Steve Ulian, Managing Director: It’s only natural that the defined contribution ecosystem gain access to that same level of investment opportunity that instiutions have had for the last 30, 40, 50 years.
Akila Grewal: Whereas traditionally investors would have ‘private assets’ in their portfolio, you’re seeing it being integrated into the traditional side of their portfolio—both fixed income and equity.
Matt Michelini: The products that were used for saving for retirement are going to be inadequate to protect retirees’ lifetime income through the duration of their life.
Mike Downing: There’s a hole, and Apollo and Athene have come together to plug that hole.
Sean Brennan: Athene is one of the largest annuity providers in the U.S and we’ve gotten that way, not just by the asset yield that Apollo can provide, but by developing and manufacturing products that meet today’s retirement needs.
Rebecca Tadikonda: We believe that there are really innovative solutions that deliver on what retirees are looking for.
Neil Mehta: There’s a massive opportunity to improve retirement outcomes.
Apollo’s integrated platform was built around empowering retirees. We strive to be the leading provider of retirement income for institutions, companies and individuals.
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AI analysis
AI-generated from the report above · not a translation and not the institution's wording · verify against the official source
Key arguments
- Aging population, rising inflation, and demand for guaranteed long-term yield underscore the need for secure retirement income solutions.
- Traditional retirement products are inadequate for today's retirees due to changing market conditions and longer lifespans.
- Private markets are a key component of retiree portfolios, expanding access to investment opportunities previously available only to institutions.
- Apollo and Athene's integrated platform combines asset yield with product innovation to address the retirement income gap.
- Declining public company listings reduce the effectiveness of index funds, favoring private market exposure.
- Innovative solutions and partnerships with pensioners position Apollo to improve retirement outcomes.
Risks
- Rising inflation may erode the purchasing power of guaranteed yields over time.
- Underprepared retirees may face significant gaps in their retirement savings, leading to financial stress.
- Private market investments carry liquidity and valuation risks that may not be suitable for all retirees.
- Traditional pension and annuity products may fail to provide adequate lifetime income for future retirees.
- The shift towards private markets could reduce diversification for retirees if not managed carefully.