Lime Rock closes process to deliver liquidity to LPs of 2006 fund

Lime Rock Partners said June 28 that it closed a $1.9 billion acquisition fund, Lime Rock Partners IV AF LP. The fund has acquired the remaining assets of Lime Rock Partners IV LP, which has most of its value wrapped up in one investment called CrownRock. The fund received $741 million in new capital commitments from secondary and primary investors and from existing Fund IV investors. HarbourVest served as lead investor of the fund. Evercore provided financial advice to Fund IV. Morgan, Lewis & Bockius LLP served as legal adviser to the funds and Lime Rock.

29 June 2018•3 mins read
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