WESTPORT, Conn., January 13, 2009 \u2014 Lime Rock, a private equity firm focused on the global energy sector, today announces the naming of three new managing directors and several additional promotions.\u00a0 Longstanding team members Will Franklin, J McLane, and Simon\u00a0 Munro have all been named Managing Directors of the Lime Rock Partners team.\u00a0 Mr. Franklin and Mr. McLane are based in Lime Rock\u2019s Houston, Texas office, and Mr. Munro is based in the firm\u2019s Aberdeen, Scotland location.\u00a0 Mr. McLane joined the Lime Rock Partners team in 1998, at the firm\u2019s inception.\u00a0 Mr. Munro joined the team in 2002, and Mr. Franklin a year later.<\/p>\n
Lime Rock also announces new titles of several longstanding team members: Westport, Connecticut-based Jeffrey Scofield is now a Director of the Lime Rock Partners team; Westport-based Gary Sernovitz is now Lime Rock\u2019s Director, Investor Relations and Business Development; and Aberdeen-based Jason Smith is now a Vice President of the Lime Rock Partners team.<\/p>\n
Finally, Lime Rock also announces the hiring of Kris Agarwal in the new role of Director and Assistant General Counsel.\u00a0 Mr. Agarwal was formerly at Vinson & Elkins LLP and Skadden, Arps, Slate, Meagher, and Flom LLP.<\/p>\n
John Reynolds, Managing Director of Lime Rock, commented, \u201cThe naming of Will, Simon, and J to our global leadership group of managing directors will come as no surprise to those who have dealt with any of them.\u00a0 Throughout their careers at Lime Rock, all three have been integral to how we have conducted\u2014and grown\u2014our business.\u00a0 They have been tremendous investment partners to our portfolio companies, and their sharp investment judgment has helped us deliver strong returns to our investors.\u201d\u00a0 Jonathan Farber, Managing Director of Lime Rock, added, \u201cLime Rock has sought to build a team with diverse experience and skills, adding new senior team members from industry and the finance community and allowing younger team members to assume increasing responsibility.\u00a0 We believe that J, Will, and Simon\u2014and with them, Jeff, Jason, Gary, and Kris\u2014will continue to demonstrate how essential they are to our global investment effort.\u201d<\/p>\n
For more information on the team members, please see www.lrpartners.com\/team.aspx.<\/p>\n
Established in 1998, Lime Rock manages $3.8 billion of private capital for investment in the energy industry through Lime Rock Partners, investors of growth capital in energy companies worldwide, and Lime Rock Resources, acquirers and operators of oil and gas properties in the United States.\u00a0\u00a0 With $3.0 billion under management, Lime Rock Partners is a creative, value-adding, and long-term investor of growth capital in exploration and production, energy service, and oil service technology companies worldwide.\u00a0 From locations in Aberdeen, Scotland; Houston, Texas; and Westport, Connecticut, the Lime Rock Partners team brings together a global network of relationships, deep interdisciplinary expertise in finance and energy company operations, and a strong track record of value creation.\u00a0 For more information, please see www.lrpartners.com.<\/p>\n
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WESTPORT, Conn., January 13, 2009 \u2014 Lime Rock, a private equity firm focused on the global energy sector, today announces the naming of three new managing directors and several additional promotions.\u00a0 Longstanding team members Will Franklin, J McLane, and Simon\u00a0 Munro have all been named Managing Directors of the Lime Rock Partners team.\u00a0 Mr. Franklin […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n