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Zephyr Management, L.P. is a global private equity and marketable securities firm. Founded in 1994, the firm specializes in the creation and management of highly focused and value added investment funds. Since its founding, Zephyr has sponsored twenty-one investment funds across the developed and developing world, representing approximately $1.6 billion in capital commitments. Each Zephyr fund has a discrete management team which has skills matched to the particular investment opportunity.
Emerging Markets Remain Attractive
After years of strong performance, emerging markets stocks are trending down. Many investors are concerned about the long term prospects of investing in emerging markets; however, some industry experts have indicated that now is not the time to bail.
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Master Limited Partnerships
Bruce Lueck, Portfolio Manager, New York
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1820 and 2005: Déjà vu all over again
Tom Barry, CEO & founder, New York
Mukul Gulati, a Zephyr Managing Director based in Bangalore, India, discusses his views on the Region.
Emerging Markets
August was a challenging month for emerging markets. Many of the trends which characterized the second half of July continued to unsettle investors and the last six weeks saw a lot of gloss fade from the emerging markets decoupling story.
Japan
World markets continued to make little headway and Japan was unable to break free from the general torpor affecting investors this summer.
Latin America
During August, the MSCI Latin American index declined 5.0% in local currency terms, but fell 8.3% in US dollar terms due to the strengthening of the US dollar against most world currencies.