[2][3][4] Challenger held its initial public offering on the Australian Securities Exchange 10 days before Black Monday in 1987.

[4] In 2003, Challenger merged with Packer's CPH Investment Corp to form a company worth A$1 billion.

[2] In early 2021, Challenger acquired a banking unit named MyLife MyFinance from superannuation fund Catholic Super.

[7] In July 2021, Apollo Global Management via its insurance affiliate Athene acquired an 18% equity stake in Challenger.

[8] In October 2023, Challenger signed its first sponsorship deal in Australian sports where it would sponsor the PGA Tour of Australasia.