Energy-focused private equity firm Lime Rock Partners has brought on one new team member while promoting six.
The new addition to Lime Rock is Kris Agarwal, who has joined the firm’s main office in Westport, Connecticut office as director and assistant general counsel. He previously worked at law firms Vinson & Elkins LLP and Skadden, Arps, Slate, Meagher and Flom where he focused on corporate and transactional matters.
Lime Rock has named three new managing directors, including Will Franklin and founding team member J McLain in Houston, Texas and Simon Munro in Aberdeen, Scotland.
The firm has also made Jeffrey Scofield a director and Gary Sernovitz as director of investor relations and business development in the Connecticut office. Jason Smith has been named as a vice president in Scotland.
Lime Rock closed its fifth fund on $1.4 billion in May and manages $3.8 billion in total commitments. The firm makes growth capital investments in exploration and production, energy service and oil service technology companies.