Lime Rock Partners Elevates Benjamin Burns to Managing Director
Lime Rock Partners Strengthens Leadership Team
Lime Rock Partners, recognized for its commitment to advancing the upstream energy sector, is excited to announce the promotion of Benjamin Burns to the role of Managing Director. This significant step reflects the firm’s dedication to fostering leaders within its ranks. Mr. Burns joins Andrew Gautier-Winther, who was previously promoted, highlighting the firm’s strategic ethos of nurturing talent.
Commitment to Exceptional Talent
Jeffrey Scofield, the Managing Director and Chief Operating Officer, expressed his admiration for both Ben and Andrew's long-standing dedication to Lime Rock Partners. He reflected on their substantial contributions to the company, noting, "Both Ben and Andrew have showcased remarkable commitment throughout their careers here. Their growth and influence within the company have been extraordinary to witness. Their new titles underscore their already pivotal roles on the team."
Career Journey of Benjamin Burns
Joining Lime Rock Partners in 2014 as an associate, Mr. Burns has steadily ascended through the ranks, leveraging his expertise gained from Barclays as an analyst focused on global energy. His leadership journey has been characterized by significant involvement in pivotal investments, notably related to the CrownQuest relationship, which has seen remarkable growth and strategic exits. His board roles in A&B Valve, Axis Energy Services, and RTS reflect his expansive influence in the industry.
Farewell to a Founding Member
As the company celebrates new heights, it also bids farewell to a notable leader. Will Franklin, a Managing Director for the past 16 years, has announced his retirement. Mr. Franklin’s journey with Lime Rock commenced when it comprised just 12 employees, managing two funds. His leadership has been instrumental in numerous investments across E&P and oilfield services sectors, demonstrating a valued commitment to the firm. As he transitions to civic endeavors, his legacy will undoubtedly linger within Lime Rock's narrative.
A Bright Future Ahead
Co-founder John Reynolds shared heartfelt sentiments regarding Will's departure, stating, "Will has marked an integral part of our history and will be sorely missed. Yet, we are enthusiastic about the future endeavors he will pursue in public service." With over $10.0 billion raised in private equity funds since its inception, Lime Rock Management remains steadfast in its mission to foster differentiated energy ventures while nurturing entrepreneurial spirits.
Investment Strategies at Lime Rock Partners
The firm's diverse strategies encompass Lime Rock Partners, committed to growth capital investments in E&P and oilfield services; Lime Rock Resources, specializing in the acquisition and operation of oil and gas assets; and Lime Rock New Energy, focusing on innovative solutions in energy transition. The synergy between finance, operational know-how, and innovative technology positions Lime Rock Partners as a formidable player, paving the way for substantial operational growth among its partners.
Frequently Asked Questions
What recent promotion occurred at Lime Rock Partners?
Benjamin Burns was promoted to Managing Director, reflecting the firm’s focus on internal talent development.
Who else was recently promoted?
Andrew Gautier-Winther was also promoted, indicating the strategic enhancement of Lime Rock's leadership.
What significant role did Will Franklin play?
Will Franklin served as a Managing Director for 16 years, leading impactful investments and contributing to Lime Rock’s growth.
What are some investment strategies of Lime Rock Partners?
The firm focuses on E&P and oilfield services investments, property acquisition, and energy transition solutions.
When was Lime Rock Partners founded?
Lime Rock Partners was established in 1998 and has since raised over $10.0 billion in private equity funds.
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