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May 8, 2008
Lime Rock Closes New $1.4-Billion Energy Fund V

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Westport, Conn.-based energy private-equity firm Lime Rock Partners, has closed its fifth fund, Lime Rock Partners V LP, with $1.4 billion in capital commitments.


Lime Rock Partners V was funded by 78 institutional investors, including endowments, foundations, and pension funds, with the firm beginning fund-raising in February. It was not actively marketed, and 91% of capital came from existing Lime Rock investors.

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