UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

                 Athene Holding Ltd.                

(Name of Issuer)

                        Class A Common Stock, par value $0.001 per share                     

(Titles of Class of Securities)

                              G0684D107                                

(CUSIP Number)

                           March 5, 2018                            

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

x Rule 13d-1(c)

☐ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(1) Abu Dhabi Investment Authority is the actual owner of 28,585 of the shares of Class A common stock represented herein.

(2) Based on a total of 189,871,205 shares of Class A common stock, comprising the sum of 142,449,265 outstanding shares of Class A common stock and 47,421,940 shares of Class A common stock issuable upon conversion of shares of Class B common stock, in each case outstanding as of December 31, 2017 and as reported on the Issuer’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2018. Shares of Class B common stock are convertible into shares of Class A common stock at any time at the option of the holder, with prior notice to the company, on a one-for-one basis. The percentage of beneficial ownership does not give effect to certain provisions of the Issuer’s bylaws that would limit the Reporting Persons’ voting rights.

(1) Procific is the actual owner of 10,320,544 of the shares of Class A common stock reported herein. Procific is a wholly owned subsidiary of Abu Dhabi Investment Authority. Pursuant to the rules and regulations of the Securities and Exchange Commission, Abu Dhabi Investment Authority may be deemed to be the beneficial owner of the shares of common stock directly held by Procific.

(2) Based on a total of 189,871,205 shares of Class A common stock, comprising the sum of 142,449,265 outstanding shares of Class A common stock and 47,421,940 shares of Class A common stock issuable upon conversion of shares of Class B common stock, in each case outstanding as of December 31, 2017 and as reported on the Issuer’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2018. Shares of Class B common stock are convertible into shares of Class A common stock at any time at the option of the holder, with prior notice to the company, on a one-for-one basis. The percentage of beneficial ownership does not give effect to certain provisions of the Issuer’s bylaws that would limit the Reporting Persons’ voting rights

Item 1(a). Name of Issuer:

Athene Holding Ltd.

Item 1(b). Address of Issuer’s Principal Executive Offices:

96 Pitts Bay Road
Pembroke, HM08, Bermuda

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office or, if none, Residence:

The principal business address of each of the Reporting Persons is as follows:

Item 2(c). Citizenship:

Item 2(d). Titles of Classes of Securities:

Class A Common Stock, $0.001 par value per share

Item 2(e). CUSIP Number:

G0684D107

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.  

Not Applicable.

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.  

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: March 7, 2018