New York and San Francisco – August 14, 2024 – Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has named Brett Mock as Chairman of NPM International. In this new role, Mr. Mock will be responsible for creating new distribution partnerships with financial institutions in key strategic NPM growth markets across Europe, Asia-Pacific, Latin America, and the Middle East.
Mr. Mock will rely on his 30-plus years of experience in the financial services industry to establish commercial relationships that enable the delivery of NPM products and services around the world, focusing on top-tier global banks, institutional investors, family offices, venture capital firms, private equity firms, and global exchanges. Products in scope for his new focus include the NPM SecondMarketTM trading solution, Tenders, Transfer and Settlement, Tape DTM Data, and enterprise software.
He will also lead the global launch of NPM’s new special purpose vehicle (SPV) products. NPM understands investors’ need for a more fair, transparent, and high-integrity SPV product in the private market. By leveraging their decade of strong issuer relationships, NPM can deliver exclusive access to some of the most innovative and dynamic private companies to global investors.
“International expansion has long been an ambition of our company given the global nature of the private equity market. I am thrilled to have Brett lead our efforts to build partnerships with the most preeminent financial institutions in key markets around the globe,” said Tom Callahan, Chief Executive Officer, Nasdaq Private Market. “Over the past three years, Brett successfully built our Capital Markets team while spearheading the development of our cutting-edge SecondMarketTM trading marketplace. Having delivered these critical projects, he is now ready for his next strategic assignment and will help advance NPM’s international expansion.”
Since 2021, Mr. Mock has served as a Senior Vice President and the Head of Global Capital Markets at NPM. He has nearly 30 years of industry experience. Prior to NPM, Mr. Mock was a Senior Vice President and Head of Sales at Capital Markets Gateway, between 2017 and 2020. Previously, he was a Partner and Managing Director at JonesTrading, where he covered large mutual funds and hedge funds. Mr. Mock was also a Managing Director and Senior Institutional Equity Sales Trader for seven years at BTIG, where he helped build out the firm’s institutional business. Earlier in his career, he was also a Director and Senior Institutional Sales Trader at Wachovia Securities (acquired by Wells Fargo), and a Principal Nasdaq Market Maker and Sales Trader at Banc of America Securities/Montgomery Securities. Mr. Mock began his career with Spear, Leeds and Kellogg (acquired by Goldman Sachs). He was named the National Chairman of the Security Traders Association in 2010 and served as a board member between 2005 and 2011. In 2005, Mr. Mock was the President of the San Francisco Security Traders Association and a board member from 2002 to 2006. He earned his undergraduate degrees from the University of Washington.
NPM operates as an independent entity with strong support from its industry-backed consortium of investors which includes premier financial institutions, global banks, and other asset managers. Collectively, the company serves private companies, employees and investors with high-integrity trading, an alternative trading system, settlement services, data, and other tools to help clients achieve better financial futures. Today, the company services some of the world’s most innovative private companies with solutions for the liquidity needs of their employees and institutional investors. The company has executed more than $50 billion in transactional value across 760 company-sponsored liquidity programs and block trades since inception.
“It’s an honor to accept this new role as we expand our footprint and strengthen connectivity with partners across the globe,” said Mr. Mock. “I look forward to continuing to work with our outstanding leadership team to help lead our company into its next phase of growth. The investor landscape is quickly evolving globally which presents new and exciting opportunities to partner with entities to introduce new strategic products such as NPM SPVs, solve complex market friction points, and develop protocols that benefit clients.”
NPM Company Solutions supports private companies using proprietary technology to facilitate tenders, auctions, and pre-direct listing programs. The SecondMarketTM Trading Marketplace is bringing transparency and efficiency to the block trading of private shares for employees and investors with a model fully aligned with the interests of private companies. Its patent-pending Transfer and Settlement technology streamlines the complex, burdensome process of post-match workflows for companies and trading counterparties. Tape DTM Data and Analytics delivers actionable insights into trading activity and private companies for investors. SPVs provide investor access to some of the most disruptive private companies. Wealth Solutions will connect clients with resources to manage their newly earned funds and support tax requirements.
About Nasdaq Private Market
Nasdaq Private Market provides liquidity solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. In 2013, the company was founded within Nasdaq, Inc. Today it is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo.
Learn more at www.nasdaqprivatemarket.com. Visit LinkedIn and X @npm for the latest company news.
Media Contacts
Nasdaq Private Market
Amanda Gold
Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the joint venture among Nasdaq Private Market, Nasdaq, Allen & Company, Citi, Goldman Sachs, Morgan Stanley, BNP Paribas, DRW Venture Capital, UBS, Wells Fargo, HiJoJo Partners, and Bank of America and the benefits of the joint venture, and statements about Nasdaq Private Market, Nasdaq, Allen & Company, Citi, Goldman Sachs, Morgan Stanley, BNP Paribas, DRW Venture Capital, UBS, Wells Fargo, HiJoJo Partners, and Bank of America and their respective products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties, or other factors beyond the control of the joint venture participants. These factors include, but are not limited to, factors detailed in each joint venture participant’s annual report on Form 10-K and periodic reports filed with the U.S. Securities and Exchange Commission. The joint venture participants undertake no obligation to release any revisions to any forward-looking statements.
Disclosures and Disclaimers
NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/