About us

Independent by Nature. Entrepreneurial by Mindset.

Founded in 1999, ZM Capital is a family-owned private equity investment firm based in Spain with an international outlook. As a family office, our long-term vision guides every decision, prioritising stability, responsibility and value that endures across generations.

For more than two decades we have identified opportunities, mobilised capital and applied hands-on expertise to create sustainable value by investing in places, people and ideas that strengthen regions, empower entrepreneurs and deliver lasting economic and social impact.

With over 25 years of experience across Real Estate, Hospitality, Natural Resources, Investment Banking and Energy & Industry, our team originates, structures and actively manages every transaction, aligning our interests directly with those of our investors and the communities we serv.

Twenty-five years. One conviction.

Expertise, Integrity and Results

WE ARE NOT A FUND

We invest. We partner. We build.

ZM Capital is not a fund.

We invest our own capital and create dedicated investment structures around selected opportunities.

This independence gives us the flexibility to evaluate each opportunity on its own merits, invest alongside our partners and remain actively involved throughout the investment lifecycle.

OUR ECOSYSTEM

Capital is only one part of an investment.

Over more than two decades, ZM Capital has developed a trusted ecosystem of:

PRIVATE INVESTORS · FAMILY OFFICES · INSTITUTIONAL PARTNERS · ENTREPRENEURS · OPERATORS · SECTOR SPECIALISTS

We bring together the right combination of capital, knowledge and operating expertise around each opportunity.

We believe strong investments are built through alignment, active participation and long-term relationships.

OUR PERSPECTIVE

Long-term value requires long-term thinking.

We seek attractive investment returns while remaining conscious of the broader impact that investment decisions have on people, communities and the environment.

Sustainability, responsible ownership and good governance form part of our approach to creating enduring value.

OUR ESG APPROACH

Twenty-five years. One conviction.

Expertise, Integrity and Results

We Invest Alongside You

Aligned Interests, Long-Term Partnerships

At ZM Capital, we believe in full alignment of interests. We co-invest in every transaction we originate, ensuring our objectives are always in sync with yours. We seek long-term partnerships to develop business opportunities and invest together, not just once, but consistently over time.

Who Invests With Us

A Select Group of Sophisticated Investors

We work with a select group of sophisticated investors, including private banks, private equity firms, funds, insurance companies, and family offices partners who value discretion, discipline, and performance.

A Rigorous and Disciplined Investment Process

Transparency and Governance at Every Stage

ZM Capital follows a structured and disciplined methodology to identify and select only the best investment opportunities in the market. We are committed to the highest standards of corporate governance and reporting, providing our partners with full transparency at every stage.

How to Invest With Us

Flexible Structures Tailored to Your Goals

We adapt the structure to fit your investment objectives, offering:

Joint Ventures
Deal-by-deal participation
Dedicated investment vehicles

We're always open to the right conversation.

Whether you are an investor, a fund or an institution looking for a reliable partner in alternative markets, we would love to hear from you.