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Lime Rock Resources Closes Latest Fund: $754 MM

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Lime Rock Resources Closes Latest Fund: $754 MM

Lime Rock, announced the closing of its fourth Lime Rock Resources fund, Lime Rock Resources IV, with $754 million in aggregate capital commitments.

As with the three previous Lime Rock Resources funds, the Houston-based Lime Rock Resources team will seek to acquire, improve, and directly operate producing oil and gas properties in the United States.

The Lime Rock Resources team launched the fundraising process for Fund IV in November 2015, held its first close in February 2016, and its final close in May 2016. The previous Lime Rock Resources fund, 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…

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