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      "text": "Athene's alternative investment portfolio is constructed to produce a risk / reward outcome that is non-binary and less volatile than \"pure equity\" exposure",
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      "text": "Athene's $11.8 billion alternatives portfolio accounts for 6.3% of net invested assets; Post-merger, over 85% of Athene's alternative investments were valued without a lag; Growth of alternative investments provides dry powder.",
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