Investment strategy tailored to local opportunities
Since its inception in 1994, Zephyr has sponsored and/or managed 26 investment funds in both public and private securities markets representing approximately $1.2 billion in combined commitments and AUM
Zephyr Management Office
Zephyr Management, L.P. is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity funds.
Strategy: ZN Mexico
Strategy: ZN Mexico was launched in 1998 to make private equity investments in middle market companies in Mexico participating in the growth opportunities created by the North American Free Trade Agreement.
Strategy: ZN Mexico sought to achieve superior returns primarily by making privately negotiated equity and equity-related investments in middle market Mexican companies participating in the economic opportunities generated by the convergence of the US, Canadian and Mexican (NAFTA) economies. The investments related to the Strategy: ZN Mexico have been divested.
Strategy: Zephyr Korea
Strategy: Zephyr Korea was formed in December 1996 to participate in what Zephyr had identified as an increasing trend towards deregulation of the Korean capital markets and the adoption of Western-style corporate practices such as focused and profit-oriented management and transparent governance by Korean businesses. Strategy: Zephyr Korea sought to achieve significant capital gains by making privately negotiated equity investments in small and medium-sized Korean companies and by purchasing interests in existing Korean private equity funds at a discount to net asset value in the secondary market. The investments related to the Strategy: Zephyr Korea have been divested.
Zephyr Peacock India
Zephyr Acorn
Acorn Africa seeks to provide equity financing and business support to innovative early-stage companies in East Africa that have the potential to scale across the continent and beyond. To learn more about Zephyr Acorn, click here.
Strategy: African Agriculture
Zephyr Management was appointed successor manager of Strategy: African Agriculture in July 2018. Originally formed in 2011, Strategy: African Agriculture called approximately $20 million to invest in eight companies involved in various aspects of agriculture in Uganda, Kenya, and Malawi. Zephyr is providing active support to portfolio companies to address capital needs and working toward an orderly liquidation of Strategy: African Agriculture’s remaining holdings.
Strategy: ZM Africa
Strategy: ZM Africa was launched in 1997 to make private equity investments in the Republic of South Africa and other countries in Southern Africa, also known as the Southern African Development Community (SADC) region. Zephyr became the manager in 2000. Strategy: ZM Africa sought to make diversified direct private equity investments in high growth business sectors in liberalized African markets in the SADC region. The investments related to the Strategy: ZM Africa have been divested.
Strategy: South Africa Capital and South Africa Private Equity
Strategy: South Africa Capital and South Africa Private Equity were launched in August 1995 to make private equity investments in the Republic of South Africa and other countries in Southern Africa. The Funds, which invested in parallel and on the same terms, sought to capitalize on what the Manager viewed as a unique window of opportunity to invest in post-Apartheid South Africa. The investments related to the Strategy: South Africa Capital and South Africa Private Equity have been divested.
Strategy: Pan-African Investment
Strategy: Pan-African Investment was launched in 2003 to make private equity investments in Africa. The strategy invested in businesses that were expanding regionally in Africa through organic growth or acquisition. The Manager assisted these businesses in developing into some of the leading African businesses in their industries, in order to be fully competitive in a global economy. Building critical mass in these businesses was crucial in order to achieve competitive size and adequate profitability. The investments related to the Strategy: Pan-African Investment have been divested.
Zephyr Management, L.P. is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity funds.
ZN Mexico was launched in 1998 to make private equity investments in middle market companies in Mexico participating in the growth opportunities created by the North American Free Trade Agreement. ZN Mexico sought to achieve superior returns primarily by making privately negotiated equity and equity-related investments in middle market Mexican companies participating in the economic opportunities generated by the convergence of the US, Canadian and Mexican (NAFTA) economies.
Zephyr Management was appointed successor manager of Strategy: African Agriculture in July 2018. Originally formed in 2011, Strategy: African Agriculture called approximately $20 million to invest in eight companies involved in various aspects of agriculture in Uganda, Kenya, and Malawi. Zephyr is providing active support to portfolio companies to address capital needs and working toward an orderly liquidation of Strategy: African Agriculture's five remaining investments.
Acorn Africa Funds provide equity financing and business support to innovative early-stage companies in East Africa that have the potential to scale across the continent and beyond. To learn more about Zephyr Acorn, click here.
Strategy: Pan-African Investment was launched in 2003 to make private equity investments in Africa. The strategy invested in businesses that were expanding regionally in Africa through organic growth or acquisition. The Manager assisted these businesses in developing into some of the leading African businesses in their industries, in order to be fully competitive in a global economy. Building critical mass in these businesses was crucial in order to achieve competitive size and adequate profitability.
Strategy: South Africa Capital and South Africa Private Equity were launched in August 1995 to make private equity investments in the Republic of South Africa and other countries in Southern Africa. The Funds, which invested in parallel and on the same terms, sought to capitalize on what the Manager viewed as a unique window of opportunity to invest in post-Apartheid South Africa.
ZM Africa was launched in 1997 to make private equity investments in the Republic of South Africa and other countries in Southern Africa, also known as the Southern African Development Community (SADC) region. Zephyr became the manager in 2000. ZM Africa sought to make diversified direct private equity investments in high growth business sectors in liberalized African markets in the SADC region. ZM Africa's investments have been fully divested.
Zephyr Peacock India seeks to make private equity investments targeting India's fast growing small and medium market corporate segment. In addition to providing capital, Zephyr Peacock seeks to add value to the portfolio companies by leveraging its global relationships in the international corporate and financial markets. Zephyr Peacock's management team, based in Bangalore and New York, combines local and international private equity expertise and has many years of investment and operating experience.
Zephyr Korea was formed in December 1996 to participate in what Zephyr had identified as an increasing trend towards deregulation of the Korean capital markets and the adoption of Western-style corporate practices such as focused and profit-oriented management and transparent governance by Korean businesses. Zephyr Korea sought to achieve significant capital gains by making privately negotiated equity investments in small and medium-sized Korean companies and by purchasing interests in existing Korean private equity funds at a discount to net asset value in the secondary market.
Active Strategies
Supporting Emerging Enterprises in India
Zephyr Peacock (ZP) provides equity financing for fast growing, early to growth stage companies led by strong entrepreneurs and management teams. ZP has three target sectors: Fintech, Infratech and Food & Agriculture.
Supporting Innovative Businesses in East Africa
Zephyr Acorn (ZA) provides equity financing and business support to innovative early-stage companies in East Africa. ZA focuses on technology-enabled startups that have the potential to scale across the continent and beyond.
Let's Connect!