Athene pre-announces Q4 2025 alternative net investment income ~$325M, ~10% annualized return

Athene Holding Ltd.

Alternative net investment income estimated at ~$325M pre-tax for quarter ended Dec 31, 2025.
Estimated annualized return on alternative net investments ~10%.
Pooled investment vehicle (majority of alternatives) ~10% annualized; other alternatives ~7%.
Excludes income attributable to non-controlling interests; results preliminary and subject to change.
Full Apollo Q4 earnings release scheduled for February 9, 2026.

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