Nick Hoar joins Volution as Senior Partner for APAC expansion

Nick Hoar has joined venture capital firm Volution as a Senior Partner, bringing over three decades of experience in asset and fund management.

Previously the Head of Asia Pacific at Neuberger Berman, Hoar will play a significant role in Volution's global expansion efforts, with a particular focus on the Asia-Pacific (APAC) region. His responsibilities will include strengthening institutional client relationships and enhancing governance.

Volution's recent announcement highlights Hoar's substantial industry background, having held positions at notable institutions such as Fidelity, JP Morgan, and Lehman Brothers. His work will include establishing a Volution presence in Singapore as part of the firm's strategic expansion.

James Codling, Managing Partner at Volution, expressed enthusiasm about Hoar's appointment: "Nick joins us at a pivotal moment - his proven track record of building successful teams and businesses makes him an invaluable addition as the firm expands. Nick's expertise and strategic vision are perfectly aligned with Volution's mission to build world-class, venture-backed businesses - I'm really looking forward to working together."

Volution, known for investing in early and mid-stage companies particularly in the fintech, artificial intelligence, machine learning, and blockchain sectors, aims to support high-growth businesses addressing productivity challenges in capital markets and enterprise solutions.

Nick Hoar commented on his new role: "Volution is entering a crucial phase, supporting businesses in industries critical to driving economic productivity and growth in the next decade and beyond. I am absolutely committed to Volution's vision of long-term success for its portfolio companies, working alongside institutional investors to identify and support founders who have what it takes to successfully make it to series B and beyond."

Hoar's expertise in launching new fund products and driving growth in new markets will be pivotal as Volution moves towards the first close of Fund II, intending to back high-growth businesses.

Volution already boasts a portfolio with notable clients, including fintech and SaaS companies like Flagstone, Cognism, and Zopa. The firm aims to extend its reach, offering substantial operational support and capital to help entrepreneurs achieve scalability.