Athene raises $2bn for life sidecar ADIP
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Athene raises $2bn for life sidecar ADIP

Liz Bury
09 February 2023
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Apollo Athene logos on Solow Building exterior.jpg

Athene has raised $2bn for the second edition of its Apollo/Athene Dedicated Investment Program (ADIP) sidecar, with the funds to be invested, alongside Athene, into Athene Co-Invest Reinsurance Affiliate (ACRA).

The fundraise puts Athene in a position of having $7bn in deployable capital with which it can pursue opportunities in the life market.

The

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