Lime Rock, a private equity firm focused on the global energy sector, has appointed three new managing directors and announced several additional promotions.

Longstanding team members Will Franklin, J McLane, and Simon Munro have all been named managing directors of the Lime Rock Partners team. Franklin and McLane are based in Lime Rock's Houston, Texas office, and Munro is based in the firm's Aberdeen, Scotland location.

Lime Rock also announces new titles of several longstanding team members: Westport, Connecticut-based Jeffrey Scofield is now a director of the Lime Rock Partners team; Westport-based Gary Sernovitz is now Lime Rock's director, investor relations and business development; and Aberdeen-based Jason Smith is now a vice president of the Lime Rock Partners team.

Finally, Lime Rock also announces the hiring of Kris Agarwal in the new role of director and assistant general counsel. Agarwal was formerly at Vinson & Elkins and Skadden, Arps, Slate, Meagher, and Flom.

Established in 1998, Lime Rock manages $3.8 billion of private capital for investment in the energy industry through Lime Rock Partners, investors of growth capital in energy companies worldwide, and Lime Rock Resources, acquirers and operators of oil and gas properties in the United States.