Apollo & Riverstone to Invest up to $600 Million in Talos Energy LLC | David Leuschen
Summary
We are fortunate to have such a long-standing, cohesive management team at Talos and we are confident in our ability to create value for our investors by executing a broad range of business development opportunities. We believe our investment in Talos is consistent with Apollo’s approach of partnering with high quality management teams to buy physical assets at attractive valuations and drive value through operational excellence.” Pierre Lapeyre and David Leuschen, Co-Founders of Riverstone, said, “We are excited to build another company with Tim and his team of experienced industry executives. We look forward to repeating the success we had with Phoenix.” About Apollo Global Management Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. Contacts: Talos Energy LLC: Tim Duncan, 713-328-3020 Chief Executive Officer tduncan@talosenergyllc.com or Apollo Global Management: Investor inquiries regarding Apollo Gary M. Stein, 212-822-0467 Head of Corporate Communications gstein@apollolp.com or Patrick M. Parmentier, CPA, 212-822-0472 Investor Relations Manager pparmentier@apollolp.com or Media inquiries regarding Apollo Rubenstein Associates, Inc. for Apollo Global Management, LLC Charles Zehren, 212-843-8590 czehren@rubenstein.com or Media inquiries regarding Riverstone Holdings KEKST AND COMPANY for Riverstone Holdings LLC James David, 212-521-4825 james-david@kekst.com or Jeffrey Taufield, 212-521-4815 jeffrey-taufield@kekst.com