Rowan explains Athene's 25% diversification rule creates a $400 billion ecosystem with co-investors.
“So as Athene buys 25% of everything, clients of ours, institutions, other insurance companies, retirement systems, wealthy individuals come in side by side aligned with Athene.”
Rowan explains Athene's diversification strategy of taking 25% of everything Apollo originates rather than 100% of anything.
“Athene does not want a 100% of anything that we originate. They wanna be a diversified investor. They want 25% of everything and a 100% of nothing.”