L.E. Simmons, President of SCF Partners, founded the firm in 1989. He is responsible for guidance over the firm's investment program and strategy. L.E. began his focus on finance at the University of Utah, where he studied Economics and at the London School of Economics. He subsequently earned an MBA from Harvard University. L.E. helped launch the Corporate Finance Department at The First National Bank of Chicago before moving to Texas in 1974 to be co-founder of Simmons & Company International, an investment banking firm specializing in oilfield service companies.
Following a significant downturn in the energy business in the 1980's, L.E. founded SCF Partners. Through SCF, he has guided the investment of over $2.5 billion in private equity capital used to build energy service and equipment companies. SCF has created 13 public companies listed on the U.S. and Canadian stock exchanges, a number of which are among the largest companies in the oil service industry today.
L.E. currently serves on the boards of United Airlines and Zions Bancorporation. He is also active in the non-profit sector, currently serving on boards of or associated with the Houston Endowment, Harvard Business School, Rice University, The London School of Economics, Texas Children's Hospital, Texas Heart Institute, Scripps Prebys Cardiovascular Institute and the Woodrow Wilson Center.