News Digest: Apollo to offer annuity-based alternative investment for wealthy individuals

June 24, 2022

News Digest:

Apollo Global Management’s Athene arm would roll out later this year an insurance-wrapped alternative investment product aimed at wealthy individuals, it has emerged.



The offering will be structured as a variable annuity with no guaranteed return on invested capital, and would allow individual investors to buy into some of Apollo’s private funds, sources said.



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