Our Team

Our team of professionals and staff are committed, creative and collaborative.

We work jointly with highly skilled and experienced advisors who provide leadership and guidance to investee companies. We take pride in creating opportunities that generate exceptional returns for our investors.

Lex Capital has created a unique organization designed to promote top performance by combining the best of individual strengths and teamwork.

With diverse and complementary backgrounds consisting of operational, entrepreneurial and financial expertise, our team prides itself on diligent and efficient investment evaluations and active management of our investment portfolio.

Unitholder alignment is paramount to Lex Capital. Management invests significant amounts of their capital (on identical terms) alongside its investors in all fund offerings.

Lex Capital Management Team

E. Craig Lothian

E. Craig Lothian

President & CEO

E. Craig Lothian

President & CEO

Mr. Lothian is currently President and Chief Executive Officer of Keystone Royalty Corp. (a land and royalty company) and Executive Chairman of Villanova 4 Oil Corp. Prior to founding Lex Capital, Mr. Lothian served as either the Executive Chairman or President and Chief Executive Officer of four more private exploration and production companies that sold for collective proceeds of more than $300 million and generated 3.7X on invested capital for investors who participated in the initial capitalization of those companies. In addition, he currently sits on the Boards of Greystone Capital Management Inc. and Lightstream Resources Inc.

Mr. Lothian was a founder and Executive Chairman of Villanova Oil Corp. (an investee of LCP and LEP), which was initially capitalized in July 2010 and sold in April 2013 to Legacy Oil + Gas Inc. for $124 million. Mr. Lothian was also the Chairman of Bulldog Energy Inc. prior to its acquisition by Crescent Point Energy Trust in 2005 ($122 million) and of Bulldog Resources Inc., before it was acquired by TriStar Oil & Gas Ltd. ($203 million) in January 2008.

Mr. Lothian obtained his Bachelor of Arts (1986) and LL.B. (1988) from the University of Saskatchewan and rose to partnership of a Regina law firm prior to entering the energy business.

Dean Popil

Dean Popil

Chief Investment Officer

Dean Popil

Chief Investment Officer

Dean Popil is the Chief Investment Officer of Lex Capital. Dean holds a B. Admin (Distinction) from the University of Regina, the Chartered Business Valuator (CBV) designation and the Chartered Financial Analyst (CFA) designation and is a recipient of the Governor General's Medal of Canada. Mr. Popil has been actively involved in managing numerous private equity and venture capital funds over the last 15 years. Dean is responsible for managing all due diligence and underwriting of the Fund's investment opportunities. Dean is actively involved in sourcing new deals, negotiating and structuring terms and raising capital. Mr. Popil currently sits on the Boards of the Avalon Oil & Gas Ltd., Performance Energy Services Inc. and Wyatt Oil + Gas Inc.

Curtis Armstrong

Curtis Armstrong

Chief Financial Officer

Curtis Armstrong

Chief Financial Officer

Curtis Armstrong is the Chief Financial Officer of Lex Capital. Curtis obtained a Bachelor of Science degree in Management and Finance (Distinction) from Minot State University where he was a three time All-American in track and field. Mr. Armstrong holds the Chartered Financial Analyst (CFA) designation and has over 14 years of private equity and corporate finance experience. Curtis is responsible for financial, accounting and compliance activities as well as assisting with due diligence and underwriting of investments. Mr. Armstrong currently sits on the Board of Anegada Energy Corp.

Ryan Thompson

Ryan Thompson

Principal

Ryan Thompson

Principal

Mr. Thompson is a Principal at Lex Capital, where he is responsible for the due diligence, underwriting and monitoring of private and public investments. Mr. Thompson has 10 years of experience in the financial and oil and gas industry. Prior to joining Lex Capital, Mr. Thompson was a Senior Analyst at the Ross Smith Energy Group in Calgary, a boutique independent oil and gas research firm. At Ross Smith, Mr. Thompson was primarily responsible for conducting research on various oil and gas plays and companies across Western Canada. Mr. Thompson obtained a Bachelor of Administration from the University of Regina and holds the Chartered Financial Analyst (CFA) and Chartered Business Valuator (CBV) designations. Mr. Thompson is a past board member of Hope's Home Incorporated and the CFA Society of Saskatchewan.

Chris Olfert

Chris Olfert

Principal

Chris Olfert

Principal

Mr. Olfert is a Principal at Lex Capital, where he is responsible for the due diligence, underwriting and monitoring of private and public investments. Mr. Olfert has 12 years of diverse energy and commodity markets experience, including energy trading, risk management and investment management. Prior to joining Lex Capital, Mr. Olfert spent two years with SaskPower Corp. in its Business Analysis & Risk Management area, where he was primarily responsible for providing financial and risk analysis on major power generation projects. Previous to his time at SaskPower Corp., Mr. Olfert was an Energy Trader at NorthPoint Energy Solutions, where he was responsible for asset management and proprietary trading across North America. Mr. Olfert holds a MBA from Queen’s University, a Bachelor of Administration degree from the University of Regina and the Chartered Financial Analyst (CFA) designation. Mr. Olfert currently sits on the Boards of Millennium Stimulation Services Ltd. and Smart Completions Ltd.

Sally Nameth

Sally Nameth

Controller

Sally Nameth

Controller

Sally is the group controller for Lex Capital and the various funds under management. Sally has over 13 years of private equity and venture capital accounting and fund administration experience. Previously, she was the Controller for a venture capital management firm. Sally brings a strong financial and regulatory background from previous experience in the credit union system.