Press Releases April 25, 2024
SINGAPORE, April 24, 2024 – Circulate Capital, the leading circular economy investment management firm in high-growth markets, today announced the appointment of Nick Moon as its new Chair. Reporting directly to Founder and CEO Rob Kaplan, Nick will help drive the firm’s fundraising initiatives and play a key role in its strategic development and institutional strengthening.
With over two decades of experience in private equity, specializing in fundraising and strategic growth initiatives, Nick most recently served as a Partner at LeapFrog Investments. During his decade-long tenure, he led multiple successful fundraisings, expanding the firm’s assets from $135 million to over $2 billion.
“Nick’s remarkable track record and extensive experience make him an invaluable addition to our leadership team,” said Rob Kaplan, Founder & CEO of Circulate Capital. “His strategic acumen and proven leadership skills are critical as we aim to scale our strategies and deepen our impact on the circular economy and climate change.”
Since its launch in December 2019, backed by leading corporations, Circulate Capital has broadened its investor base to include development finance institutions, family offices, and private investors. Today, the firm has a robust US $255 million in assets under management (AUM) and has built the largest recycling portfolio in Asia, demonstrating significant growth and commitment to its mission.
In his role as Chair, Nick will enhance Circulate Capital’s fundraising and corporate growth strategies, working alongside the rest of the leadership team to scale the firm further. His efforts will be vital in helping the firm achieve its strategy and broaden its impact.
“Circulate Capital has a highly distinctive strategy, a growing track record of successes, and a highly compelling team of experts,” said Moon. “I am thrilled to be joining at this transformative time, and I look forward to leveraging my experience to help amplify the firm’s growth and impact.”