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Athene Holding Ltd. Reports First Quarter 2021 Results


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HAMILTON, Bermuda, May 7, 2021 /PRNewswire/ Athene Holding Ltd. ( Athene ) (NYSE: ATH), a leading financial services company specializing in retirement solutions, today announced financial results for first quarter 2021. The full earnings release, financial supplement, and earnings presentation are available on the ir.athene.com website.  
Jim Belardi CEO of Athene said, In the first quarter, we demonstrated superb execution on both sides of the balance sheet, with strong organic growth and asset outperformance combining to drive record profitability. Athene generated $8.2 billion of gross organic inflows, marking our second-highest quarterly total ever. In addition, our Alternative investment portfolio generated record income, showcasing the advantages of our differentiated approach to investing in this asset class. Our record quarterly adjusted operating income drove Athene s adjusted book value to new heights, continuing an ....

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Burger King sold for $30m to Tahua Capital leaving banks out of pocket


The franchise was owned by Antares Restaurant Group, which was bought by United States private equity firm
Blackstone Group under the name of Tango Holdings in 2011 for $108m.
Blackstone Group tried to sell the business in 2019 but was unable to find a suitable buyer.
ROBERT KITCHIN/Stuff
Burger King has been sold for $30.5m million, leaving secured creditors out of pocket.
A compromise deal with reached with Burger King’s secured creditors, allowing the company to continue trading.
However, five Burger King restaurants – Lambton Quay, Courtenay Place in Wellington, and Queen St, Takapuna and West City in Auckland – closed as part of the deal. ....

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