Apollo and its insurance company Athene invest American retirement funds. Are risks to pensioners rising?
Illiquid investments and offshoring capital are complicating risks for Apollo’s investors and retirees.
So are labor problems at Apollo’s portfolio companies. Cardenas Markets is an example of Apollo violating its own labor principles and those of some of its pension fund investors.
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 adopted Workforce Principles that it violates at Cardenas Markets. Is it window dressing for pension funds?
Does Apollo protect pension fund investors from labor risks? Read more
Apollo says women workers at its portfolio company Cardenas Markets are not telling the truth about allegations of sexual harassment and discrimination.
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