Dan Vogel, managing director at Apollo Global Management LLC, is today’s featured Forty Under 40 honoree.
Aa managing director for New York private-equity firm Apollo Global Management at 36, Vogel lacks the years of a typical industry leader. But he has made many senior moves.
Vogel recently led the $600 million loan for Birch Permian LLC to support the development of its Howard County, Texas, acreage. He worked with the company and his partners to structure a flexible solution that allowed value maximization from accelerated development of its core, largely undeveloped Permian Basin asset base.
In any given deal, consistent with Apollo’s overall approach to investing, Vogel embraces contrarianism. As he clarifies, “We are contrarians at Apollo and will likely become even more active as other market participants continue to pull back.”
Already preparing for another challenging industry backdrop, Vogel notes, “In the current environment, we again see an exciting opportunity where others are pulling back.”
Daniel Rice, former CEO of Rice Energy who now sits on the EQT board, addressed the elephant in the room earlier this month at Hart Energy’s Energy Capital Conference.
Former Enron Corp. CEO Jeffrey Skilling has been holding meetings, hoping to win backing for a new energy venture, the Wall Street Journal reported citing unnamed sources.
Today’s featured Forty Under 40 honoree is Hunter Wallace, Atlas Sand’s COO who has led in the design, construction and capitalization of two frack sand plants in the Permian Basin.