Apex International Energy is a new independent oil and gas exploration and production company focused on the Middle East and North Africa, predominantly Egypt. The company plans to build an exploration and production business of scale through asset acquisitions and capital investments in drilling, infrastructure and production enhancement to deliver long-term profitable growth in production and reserves. Apex International Energy will also pursue farm-in transactions and participate in new concession bid rounds. Warburg Pincus led a line of equity financing of up to $500 million to Apex International Energy in 2016.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $58 billion in assets under management, our active portfolio of more than 180 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 18 private equity funds, which have invested more than $74 billion in over 860 companies in more than 40 countries.