Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
Read More Private Equity, Regulation and Deregulation of Industry, Banking and Financial Institutions, Mergers, Acquisitions and Divestitures, Life Insurance, Annuities, Federal-State Relations (US), Blackstone Group, The, Brookfield Asset Management, Carlyle Group LP, KKR & Co LP, Prudential Financial Inc, Dimon, James
