Just Closed: Lime Rock Partners raises $433.99m

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Lime Rock Partners has raised $433.99 million for its Lime Rock Partners VII, according to a SEC filing. The Westport-headquartered firm began fundraising in 2015 with an undisclosed target.

Its previous fund raised $825.5 million in 2013.

Investors that committed to Lime Rock Partners VII include the University of Michigan.

The fund will target growth equity opportunities in energy sectors in North America and Europe.