Lime Rock Management LP (Westport)


Lime Rock Management LP is a large advisory firm based in Westport. It manages $7.08 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Lime Rock Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lime Rock Management: assets under management

The assets under management (AUM) of Lime Rock Management LP is $7.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 60% since the beginning of its operation, and $4.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $7.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $372.63 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lime Rock Management LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lime Rock Management serves?

The only and largest group of clients of Lime Rock Management is pooled investment vehicles with 19 clients and $7.08 billion of assets under management. Among the 9 most similar advisory firms, Lime Rock Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $7.08 billion for 19 clients. 68% of the firm’s clients are foreign persons or businesses.

Lime Rock Management also advises several private funds. Namely, four hedge funds and fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Lime Rock Management LP

The company employs 237 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jonathan Clark Farber Co-founder/managing director 1 Jun 1998 Other 2130092
John Thomas Reynolds Co-founder/managing director 1 Jun 1998 Other 2285502
Mark Adrian Mccall Cfo/managing director 1 Jun 1998 Other 2657219
Lime Rock Management Gp Llc General partner 1 Jun 1998 Other 13-4011234
Clarence Tim Miller Chief operating officer of lime rock resources 1 May 2005 Other 6932298
Eric Dwayne Mullins Managing director 1 Jul 2005 Other 2088585
Charles Willis Adcock Managing director 1 Jul 2005 Other 6029200
Llc Jcf Investments Shareholder 1 Sep 2006 25% - 50% 20-5608959
The John Reynolds 2006 Continuation Trust Trust 1 Apr 2008 Other trust
Mark Adrian Mccall Trustee - the john reynolds 2006 continuation trust 1 Apr 2008 75% - 100% 2657219
The John Reynolds 2010 Descendants' Trust Trust 1 Dec 2010 Other 45-6564084
Mark Adrian Mccall Trustee - the john reynolds 2010 descendants' trust 1 Dec 2010 75% - 100% 2657219
Suneet Krishna Agarwal General counsel/chief compliance officer 1 Jan 2011 Other 6029202
Susan Marie Bellantoni Chief financial officer 1 May 2015 Other 6623606
David Andrew Stein Trustee - the john reynolds 2006 continuation trust 1 Jun 2015 Other 6623610
Jason Mclane Limited partner 1 Jul 2016 Other 6749358
Anuragh Raj Mehta Chief compliance officer/ deputy general counsel 1 Jan 2017 Other 6748776
Mark Adrian Mccall Managing director 1 Mar 2017 Other 2657219

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Jonathan Clark Farber Managing member 1 Sep 2006 75% - 100% 2130092

Based in Westport

The principal office where Lime Rock Management LP performs its advisory services is located at 274 Riverside Avenue, Westport, CT 06880, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-293-2750 or by fax 203-293-2760. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at limerockresources.com.