IRVING, Texas--(BUSINESS WIRE)--NGP, a leading private equity firm in the energy and natural resources industry, today announced that James Wallis will join the firm as a Partner in its Houston office effective immediately.
Mr. Wallis was previously a Managing Director with Lime Rock Partners in its Houston office. He joined the firm in 2007 and was primarily focused on sourcing, evaluating and investing in North American E&P and oilfield service opportunities. Prior to joining Lime Rock, Mr. Wallis worked in the energy investment banking groups of Merrill Lynch and Petrie Parkman & Co.
Chris Carter, Managing Partner, commented, “We are delighted to welcome James to NGP. We have known James for over a decade and have been impressed with his successful track record of investing in energy. James is a thoughtful investor who is focused on building high quality relationships. He will be a valuable additional resource to our portfolio companies and a great addition to our firm.”
Mr. Wallis said, “I am excited to join the NGP team. I have long respected NGP as a leader in identifying and backing outstanding entrepreneurs to build great businesses. I look forward to working with my new colleagues and our many partners to continue building upon one of the greatest franchises in the energy private equity industry.”
Founded in 1988, NGP is a premier private equity firm in the natural resources industry with approximately $17 billion of cumulative equity commitments organized to make strategic investments in the energy and natural resources sectors.
For information: www.ngpenergycapital.com