Private Equity

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ZB Capital

ZB Capital is a securities investor and holder. It currently invests in gold exploration activities in Ukraine. The company merged with Mansfield-Martine...

ZB Capital logo

ZB Capital

ZB Capital is a securities investor and holder. It currently invests in gold exploration activities in Ukraine. The company merged with Mansfield-Martine Exploration & Mining on December 4, 2019.

General information

Firm type

Private Equity

Year founded

2012

Location

Region

Asia

Country

Hong Kong

City

Central

Corporate office

Central, Hong Kong

Principals

unnamed co-founder 1

Co-founder, responsible for managing investment projects in China and Asia Pacific

unnamed co-founder 2

Co-founder, responsible for managing cross-border investments and M&A projects

Sector focus

TechnologyProfessional ServicesConsumer GoodsAdvanced Manufacturing

Frequently asked questions

Who runs investment decisions at ZB Capital?

Investment responsibilities are divided between the two unnamed co-founders listed on the firm's website. One manages investment projects in China and the Asia-Pacific region; the other leads cross-border investments and M&A transactions. Both have more than 20 years of experience in private equity, corporate finance, and advisory services.

Is ZB Capital structured as a single family office or does it operate more like a private equity firm?

ZB Capital operates as a private equity firm, not a family office. It is a principal investor that acquires majority stakes in small-to-medium enterprises. The firm's website describes it as a long-term principal investor with an explicit focus on control buyouts and post-acquisition operational transformation.

Does ZB Capital participate in fund commitments or only direct deals?

Based on available disclosures, ZB Capital pursues direct majority investments in SMEs. The firm's materials emphasize "acquiring majority stakes" and its "investment + service" model centered on direct involvement with portfolio companies. There is no mention of participating as a limited partner in external funds.

How does ZB Capital add value beyond providing capital?

Through its subsidiary Zubbily Asia, ZB Capital delivers post-investment operational support focused on digital transformation, automation, and efficiency improvements. The firm embeds AI, digitalization, and automation technologies into portfolio companies to achieve scalable growth and stronger returns, supported by its in-house team and advisory network.

Which sectors and geographies does ZB Capital target?

The firm invests across technology, professional services, consumer goods, and advanced manufacturing. Geographically, its primary focus is Hong Kong, the Greater Bay Area, and selected Southeast Asian markets. The website notes cross-border transaction experience and adaptability to regional cultures and regulations across Asia.

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