Athene Holding Ltd. (NYSE:ATH) entered into a definitive agreement to acquire Paratus AMC Limited from Fortress Investment Group LLC on July 15, 2021. The investment in Foundation Home Loans will be managed by the team at Apollo Global Management, Inc., Athene Holding Ltd.'s strategic asset management partner. The closing of the acquisition remains subject to the satisfaction of customary conditions, including consent by the Financial Conduct Authority. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Athene Holding Ltd. and Apollo Global Management, Inc.

Athene Holding Ltd. completed the acquisition of Paratus AMC Limited from Fortress Investment Group LLC on March 24, 2022.