Athene Holding Ltd. intends to receive $500 million in funding from sophisticated investors on January 8, 2014. The sophisticated investors will be the accredited investors in the transaction. The company will issue common stock in the transaction.

The prospective investors will be required to execute a confidentiality agreement that will, in effect and among other things, impose certain trading restrictions in the shares of AP Alternative Assets, L.P. and Apollo Global Management LLC. The company intends to require minimum investments of at least $5 million, although it reserves the right to accept a lower amount on a case-by-case basis.