Firm overview

What we do

A global private equity and marketable securities firm, Zephyr Management, L. P. manages specialized investment funds in both the developed and developing markets. Since 1994, Zephyr has sponsored twenty funds with approximately $1.6 billion in committed capital which are managed from offices in New York, London, Bangalore, Mexico City, Johannesburg and Accra. With a global network of partners, Zephyr is positioned to identify sustainable secular growth changes which lead to attractive investment opportunities for our investors.

While Zephyr’s focus is on the creation and execution of innovative investment strategies, our operating style is conservative. Managers are held strictly to their respective investment mandates, tax considerations are an integral part of each strategy, and investments are selected based on rigorous fundamental research. Today, Zephyr manages investment funds in the U.S., Latin America, Asia, and Africa and we are actively researching new investment opportunities around the world.

The investment process

The process of selecting a new investment strategy begins with a “macro phase” in which Zephyr searches the globe to find regions with favorable macro elements, such as economic growth, political stability, and promising demographics. The investment selection process is intensive. In a complex and dynamic economy such as India’s, for example, Zephyr has tracked macro trends for years — gathering insights through both formal and informal contacts with experts.

Once a region has been identified as having favorable macro-dynamics, Zephyr enters its “micro phase,” and studies the area for an extended period in order to devise a particular strategy to capitalize on the specific investment opportunity which has the potential to realize superior returns. Based on knowledge and experience, Zephyr selects the strategy most appropriate for a specific opportunity, whether it be a public or private equity strategy.

Our operating philosophy

Several factors define Zephyr and its team of investment professionals:

We offer specialized investment opportunities with the potential to provide attractive after-tax financial returns to our investors.
Fundamental research and the expertise of the investment team are critical ingredients for long term investment success.
Our professionals believe strongly in adhering to the investment mandate of each fund. This rigorous consistency prevents opportunistic digression.
Zephyr’s funds are “right-sized” for the specific investment opportunity in order to help ensure the execution of the strategy is focused and disciplined.
Zephyr conducts its business under the highest ethical standards.

Exceptional service to clients

Zephyr is committed to the highest standards in client service. We have an old-fashioned belief that client relationships are important, and we devote considerable time and resources to being responsive to clients. Many clients who have invested with Zephyr in the past decide to invest with Zephyr again as we initiate new funds. We are highly attentive to client preferences and needs, and our clients often view our professionals as friends and trusted advisors.

The information on these pages is provided for informational purposes only. No material at this site should be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment fund managed by Zephyr Management L.P. Any such offer or solicitation will be made only by means of the Confidential Private Offering Memorandum relating to the particular fund.

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