Fundraising Fox

Zmc

Private equity

New York · 27 people tracked

Find your way into Zmc

833 people in our graph share verified history with the Zmc team — schools, employers, funds. One of them is your warm intro.

Cosmo Jiangunlockedknows Jason Sporer · together at Evercore (overlapped)
×3knows the team · via Stanford University Graduate School of Business
×3knows the team · via University of Michigan - Stephen M. Ross School of Business
knows the team · via University of Pennsylvania
knows the team · via Tufts University
knows the team · via Welsh, Carson, Anderson & Stowe
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Investment thesis

ZMC frames its investment philosophy around a prioritization of stakeholders that it says differs from typical private equity practice. Rather than treating its own investors as the primary customer, the firm places the end customers who buy its portfolio companies' products and services first, reasoning that a business must deliver quality goods at fair value to justify its existence. Employees at portfolio companies come second, on the view that supported and satisfied staff are essential to running businesses well. The firm's investors, to whom it acts as a fiduciary seeking high risk-adjusted returns, are third, and the firm places itself last.

Source: firm website, verified Sep 15, 2026.

HQ
New York, NY, US
Instruments
Equity
AUM
$2.6B
Tracked investments
8

Team · 27 people

from the firm's website
Andrew Vogel· Co-Chief Investment Officer & Managing Partner
Jordan Turkewitz· Co-Chief Investment Officer & Managing Partner
Karl Slatoff· Managing Partner
Strauss Zelnick· Founder and Managing Partner
Jason Sporer· Partnerin
Sheila Dharmarajan· Partner, Head of Investor Relations & Business Developmentin
Akshay Patel· Vice Presidentin
Anastasia Marras· Chief Financial Officer
Bob Collie· Chief Technology Advisor & Operating Partnerin
Carl Maahs· Associate
Carlye Bowers· Office Manager & HR Coordinator
Jake Reines· Senior Accounting Associate
Jeff Samuels· Director of Finance
Kristin Tassini· Director of Business Developmentin
Maya Bronfman· Executive Assistant
Sally Knutson· Chief Financial Advisor & Operating Partner
Shazard Mohammed· Assistant Controllerin

What they invest in

from 7 of 8 portfolio companies

AdTech ×3Marketing Tech ×3Media & Entertainment ×3AI & Machine Learning ×2Consumer ×2EdTech ×2Enterprise Software ×2Creator Economy ×1

HQs:United States×2Canada×1

Investments · 8 tracked

founders shown can be your intro path
9 Story Media Group9story.comin𝕏

9 Story Media Group is an independent producer and distributor of children's content, including animated series, live-action films, and streaming originals for major platforms like Netflix and Disney.

ConsumerMedia & EntertainmentToronto, CA

Raptiveraptive.comin𝕏

Raptive provides growth and monetization infrastructure for digital publishers and content creators seeking to maximize revenue from their audiences on a healthy, open internet.

AdTechCreator EconomyMarketing TechMedia & Entertainment

Michael Sanchez(Co-founder and Chief Executive Officer)Andrew Shue(Co-founder)in

Resonateresonate.comin𝕏Jul 2022Acquired

Resonate provides consumer data intelligence and marketing technology solutions that enable businesses to identify and optimize engagement with target customers.

AdTechAI & Machine LearningData & InfrastructureMarketing TechReston, US

Bryan Gernert(Chief Executive Officer)inGeorge Stewart(Executive Officer)inDavid Wheatley(Executive Officer)inSara T. Fagen(Executive Officer, Director)inJohn D Brady(Director)Scott Hilleboe(Director)

Co-investorsGreycroftThe Argentum GroupGreycroft PartnersInovia Capital

Simeiosimeio.comin𝕏

Simeio develops Identity and Access Management (IAM) solutions for securing organizational access and identity systems.

CybersecurityEnterprise SoftwareSaaS

Co-investorsWCAS

Simpler Tradingsimplertrading.comin𝕏

Simpler Trading offers trading education for retail traders, including live trading rooms, on-demand classes, proprietary charting indicators, and real-time trade alerts from mentors.

EdTechFintech

John Carter(Founder)

Co-investorsStellus Capital Management

The Second Citysecondcity.comin

Second City Works offers comedy and improv-based training programs for corporate clients, focusing on executive education, talent development, and entertainment services.

ConsumerEdTechEnterprise SoftwareHR TechMedia & EntertainmentChicago, US

Wpromotewpromote.comin𝕏

Wpromote is an independent digital marketing agency, founded in 2001, offering media, data, creative, and strategy services for brands.

AdTechAI & Machine LearningMarketing Tech

Michael Mothner(Founder)in

Co-investorsShamrock Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Logitix

Fund performance · per public LP disclosures · 3

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
ZMC II Extended Value Fund, L.P.LPs: New Mexico Educational Retirement Board20219.2%1.38x0.00x
ZMC III, L.P.LPs: The Regents of the University of California, New Mexico Educational Retirement Board, Santa Barbara County Employees' Retirement System +1 more2020-9.5%0.75x0.04x
ZMC II, L.P.LPs: New Mexico Educational Retirement Board201434.5%3.07x3.06x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Zmc made?
Zmc has 6 tracked investments.
What sectors does Zmc focus on?
Zmc focuses on Media & Entertainment.
Where is Zmc located?
Zmc is headquartered in New York, US.

Media · Podcasts & interviews

featuring the team

Conversation with Strauss Zelnick, Founder of ZMC, Chairman & CEO of Take-Two Interactive and Author - YouTube

HBS Club of Toronto · Strauss Zelnick

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