Apex teams up with Apollo Global Management, LLC to focus on Appalachian Basin opportunities.
It was recently announced that Willkie client Apex Energy, LLC and affiliates of Apollo Global Management, LLC have formed a strategic partnership to invest in oil and gas properties in the Appalachian Basin, with a primary focus on the Marcellus shale. Based in Pittsburgh, Pennsylvania, Apex is an oil and gas company focused on developing unconventional assets in the Appalachian Basin. Apollo is a leading global alternative investment manager with assets under management of approximately $113 billion (as of December 31, 2012) in private equity, credit and real estate funds invested across a core group of nine industries. The deal was handled by partners Bruce Herzog, Hillel Jacobson and Ian Levin and associate Howard Block.