NBGI Private Equity promotes four

UK-based small- to mid-market private equity firm NBGI Private Equity has promoted Richard Babington and Lawrence Dean to associate directors, and Miles Otway and Adam Lewis to associates.

Richard Babington joined NBGI in 2005, after having worked internal corporate finance positions at Elementis plc and Ascot plc.

Dean joined in 2006, having previously worked in SBC Warburg (now UBS) and with VC-backed Traveselect which was later sold to Lastminute.com

Former strategic consultants Otway and Lewis both joined NBGI Private Equity in 2008.