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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 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.
Investment Opportunities in Emerging Markets
Missing a BRIC in the Wall
You can’t open a newspaper today without reading about China and Russia. The good, the bad and the ugly. China, with its booming young economy and 1.3 billion shoppers and Russia, the world’s largest country, flush with petrodollars and new consumerism. Russia and China are both important parts of the emerging markets segment known as BRICs – the countries of Brazil, Russia, India and China – that have experienced phenomenal growth over the past decade.
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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
Emerging Markets
June proved to be a truly awful month for equities across the globe and emerging markets were no exception. Asia took the worst battering with Indian and Chinese local shares being particularly hard hit.
Japan
Despite the time of year, June has not proved to be a summery month for markets around the world. Japan did not buck the global trend, with the TOPIX index falling by 6.3% in Yen terms.
Latin America
The MSCI Latin American Index decreased 7.7% in June. There was no country or regional specific news that would justify the decline and we believe Latin American markets fell in line with world markets on global concerns.