Lime Rock Partners Raises $688M
ROWAYTON, Conn., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Eaton Partners, one of the world’s leading private capital
advisory and fund placement firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as
advisor and placement agent for Lime Rock Partners’ Fund VIII (“Fund VIII”). Fund VIII is a continuation of the strategy employed
by Lime Rock Partners’ previous private equity funds and will invest primarily in oil and gas exploration and production, mineral
interests, and shale services businesses.
Lime Rock closed $688 million in capital commitments for Fund VIII and a co-investment vehicle, receiving strong
support from new and existing investors including notable public and corporate pension plans, insurance companies, global asset
managers, endowments, foundations, and large family offices. Eaton Partners also served as the advisor and placement agent for Lime
Rock Partners’ Fund VII.
“Lime Rock has one of the longest and strongest track records of any private equity investor in the energy
sector,” said Jeff Eaton, Partner at Eaton Partners. “The team has been very nimble in its approach to investing in the rapidly
changing North American shale landscape and has also been able to return significant capital back to investors in an environment
where exits have been hard to come by. We would like to congratulate Lime Rock Partners on another successful fundraise.”
Over the past 12 months, Eaton Partners has successfully closed 15 funds, totaling $14.5 billion.
About Eaton Partners
Eaton Partners, a Stifel Company, is one of the world’s
leading fund advisory and capital placement agents, having raised more than $95 billion across more than 120 highly
differentiated alternative investment funds and offerings. Founded in 1983, Eaton advises and raises institutional capital for
investment managers across alternative strategies – private equity, private credit, real assets, real estate, and hedge
funds/public market – in both the primary and secondary markets. Eaton Partners maintains offices and operates throughout North
America, Europe and Asia.
Eaton Partners is a division of Stifel, Nicolaus & Company, Incorporated, Member SIPC and NYSE. Eaton Partners subsidiary Eaton
Partners (U.K.) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners subsidiary Eaton Partners
Advisors (HK) Limited is approved as a Type 1-licensed company under the Securities and Futures Commission (SFC) in Hong Kong.
Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company. ® Eaton Partners,
2018. For more information, please visit https://eaton-partners.com/.
About Lime Rock Partners
Since its inception in 1998, Lime Rock Management has raised $8.9 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 in the U.S. shales and elsewhere, and Lime Rock Resources, acquirers and operators of oil and gas properties in
the United States. For more information, please visit: www.lrpartners.com.
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its
banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are
served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division;
Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; Century Securities Associates, Inc., and in the United Kingdom and
Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment
banking, trading, investment advisory, and related financial services to individual investors, professional money managers,
businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending
solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about
Stifel, please visit the Company’s website at www.stifel.com.
Media Contact for Eaton Partners
Karen Mustiga
212-271-3749
mustigak@stifel.com