ZM Africa Investment Fund

Summary

ZM Africa Investment Fund (ZMAIF) 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.

Investment strategy and objectives

ZMAIF sought to make diversified direct private equity investments in high growth business sectors in liberalized African markets in the SADC region. The Fund’s investments have been substantially divested.

ZM Africa Investment Fund is currently closed and no longer accepting subscriptions. Information relating to ZM Africa Investment Fund is provided solely for the purpose of describing Zephyr Management L.P.’s global capabilities.

Please note that offices and staff include affiliates and the AUM calculation includes assets attributable to Zephyr's joint venture funds.