Overview
ZBS Partners, LLC, a Delaware limited liability company founded in 2020 with its principal place of
business in New York, New York, is an investment management company which, directly and through its
affiliates and subsidiaries provides investment management and advisory services to a series of private
funds (each a “Fund” or a “Client” and collectively, including any future pooled investment vehicle for
which ZBS may serve as an investment adviser, the “Funds”, “Clients” or “Client Accounts”). Nicholas
“Jake” Sloane and Linfu “Frank” Zhang principally own and hold controlling interests in ZBS and are the
Adviser’s Co-Founders and Managing Members.
ZBS pursues equity investments primarily
in the private capital markets in the U.S., focusing on buy-and-
build investment platforms in highly fragmented and resilient growth industries that exhibit simple business
models, benefits of scale and precedent successes. The Adviser follows the investment strategies and
guidelines, however, the Adviser retains broad flexibility to invest on behalf of its Clients as specified in
each Funds’ Offering Documents (as defined in Item 5 below). The Adviser does not tailor its investment
advice to match the needs of any investor in a Fund (collectively, “Investors”).
As of December 31, 2023, ZBS has approximately $727,962,353 in regulatory assets under management
on a discretionary basis.