Lime Rock Partners Announces Promotion of J McLane to Chief Investment Officer7/12/2018
Houston, July 12, 2018 – Lime Rock Partners, private equity investors of growth capital in E&P and oilfield service companies in the U.S. shales and elsewhere, is pleased to announce the promotion of J McLane to the position of Chief Investment Officer. Mr. McLane joined Lime Rock at its inception in 1998, rising to the role of Managing Director in 2008. In 2014, he was named co-chairman of the Lime Rock Partners investment committee, alongside Lime Rock’s co-founders and managing directors Jonathan Farber and John Reynolds. In the Chief Investment Officer role, Mr. McLane will oversee Lime Rock Partners investment strategy, fund level portfolio construction, overall risk management, and firmwide portfolio monitoring.
Jonathan Farber said, “J McLane’s investment decisions have been instrumental to the differentiated investment performance Lime Rock has achieved since the onset of shale production in the United States. He was a vocal and leading voice inside our partnership, identifying the long-term investment potential of several shale-directed investments in both E&P and oilfield service, particularly in the Permian Basin. More recently, he has been a catalyst for our firm’s active investment strategy targeting minerals investment opportunities in the Permian Basin and other core U.S. shale basins.”
John Reynolds added, “Nearly eight years ago, J led the re-tooling of our risk management systems inside Lime Rock. The results of that re-tooling have been demonstrable. Formalizing a promotion to Chief Investment Officer is an easy decision to take, as he has served in that de facto role for the last several years.”
Prior to joining Lime Rock in 1998, Mr. McLane was in the Corporate Development Group of Pioneer Natural Resources. He is a graduate of the University of Texas at Austin (B.A., B.B.A.) and the University of Chicago Booth School of Business (M.B.A.).
Since its inception in 1998, Lime Rock Management has raised $8.6 billion in private equity funds and affiliated co-investment vehicles for investment in the energy industry through Lime Rock Partners, investors of growth capital in E&P and oilfield services companies worldwide, and Lime Rock Resources, acquirers and operators of oil and gas properties in the United States. Lime Rock Partners is a creative investment partner in building differentiated oil and gas businesses, side by side, with entrepreneurs every day. The Lime Rock Partners team brings together specialist finance and operating expertise, technology leadership, people-centered strategies, and patient hard work with the goal of helping its investors and portfolio company partners profit from operational growth. For more information, please visit: www.lrpartners.com.Back to News