Publications

Fundraising - MAY 26, 2016

Lime Rock fund holds $754m close

by Andrea Waitrovich

Lime Rock has held a final close for Lime Rock Resources IV, with $754 million in aggregate capital commitments.

Like its previous Lime Rock Resources funds, Fund IV will seek to acquire, improve and directly operate producing oil and gas properties in the United States.

Lime Rock Resources III held its final close in October 2013 on $750 million in investor capital commitments. Since inception in 2005, the Lime Rock Resources funds have made 23 major acquisitions in basins throughout the United States, primarily in Texas, Oklahoma, New Mexico and North Dakota.

The Lime Rock Resources team acquires, operates and improves producing oil and gas properties in the United States. Established in 1998, Lime Rock Management has raised $6.6 billion in private equity funds for investment in the energy industry through Lime Rock Resources and Lime Rock Partners, investors of growth capital in E&P and oilfield services companies worldwide.

 

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