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PRESS RELEASE •  30 APRIL 2018

Nest Adds Seasoned Entrepreneur as Chairman to Support New Growth

HONG KONG

Nest today announced the appointment of Peter Brack as Executive Chairman. Peter Brack will support operational execution and strategy across the business.

Prior to this new appointment, Peter Brack has been intimately involved with Nest as an independent director for over 4 years. Based in Asia for over 20 years, his career to date has spanned an impressive track record, both as an operator and investor. He was the co-founder and CEO of two companies, both of which went public on the Hong Kong Stock Exchange. Peter Brack is also a seasoned venture investor, and is a venture partner at Mucker Capital in Los Angeles.

“Nest’s mission has always been to discover some of the world’s most talented entrepreneurs, to give them the tools and resources to help them realise their dreams, and to develop thriving ecosystems across the markets where we operate. I'm excited to join the team at this stage in Nest’s journey where the business is poised for significant growth - and we have the opportunity to reach many more entrepreneurs as we scale,” Peter Brack said.

Nest CEO Lawrence Morgan said, “We are honoured to have someone of Peter’s calibre join the operational team as Executive Chairman. I’ve personally been hugely grateful for the wise counsel that Peter has provided over the years, and believe it will be transformational for the whole team at Nest to leverage his prior experience as we scale to new markets in the future.”

About Nest

Connect · Collaborate · Scale

Nest operates corporate accelerator programmes, invests in seed to growth-stage startups, and runs an entrepreneurial community called Mettā. Nest has built an innovation ecosystem to connect the fast-growing markets of Asia, the Middle East, and Africa.

With a mission to empower great entrepreneurs to change the way we live, Nest provides access - for startups to scale and commercialise; and for corporates to foster innovation. Since 2015, over 140 startups have been accelerated via Nest’s corporate and government programmes across a broad range of industry sectors.

For more information, please contact:

Nest Group
April Wong
press@nest.vc
+852 3620 3885

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