An American resident of Spain (after completing his master's at the LSE), Zachary continued in London, first as an analyst for a PE fund before switching to a global value hedge fund. He's an expert in modeling, fundamental analysis, and valuation. As a freelancer, he's completed the sale of a small business, advised on early-stage funding rounds, and acted as CFO for an upstart cidery. When he is not freelancing, he enjoys making wine.
Helped determine the pricing of leads by analyzing the profitability of insurance companies.
Built a simple financial model to clarify an analysis.
Conducted market research to determine market norms.
Examined insurers in different countries with varying reporting standards.
Focus areas: Financial Modeling, Pricing Analysis
2014 - 2015
Advised a high net-worth individual on the $6 million financing of a startup parking platform/app in a Series A funding round.
Modeled the company's finances and provided a valuation to frame the investment round.
Directly negotiated terms with the founder/CEO to advance the round and protect the client's interests.
Revised terms and legal documents.
Focus areas: Financial Modeling, Venture Funding
2010 - 2014
Analyzed publicly-listed equities for potential investment by $100 million fund. Investments ranged between $3 million to $15 million and were long-term in outlook.
Built highly detailed financial models, developed investment theses, and wrote comprehensive company reports. Focused on finance, energy, telecoms, retail, tech, and manufacturing sectors.
Originated investment ideas and discussed potential investments with investment team. Conducted company-specific as well as macro research. Interacted regularly with sell-side to gain perspective on specific stocks and macro environment.
Monitored up to seven portfolio companies at any given time, resizing or exiting positions when necessary. We ran with a very concentrated portfolio of 10-to-15 holdings so we only traded a few times per week.
Ensured the ongoing communication with the company management teams, at times providing the perspective of longterm shareholders.
Built complex financial models of both companies and entire portfolios to be potentially acquired by the $1 billion fund. Investments ranged from $5 million to $100 million, venture to mature.
Screened or analyzed approximately eight pitches (looking for investment) per month. Met management teams of target companies and conducted thorough due diligence. Industries included telecoms, tech, manufacturing, business services, and retail.
Structured and closed a total of seven transactions, liaising with M&A bankers and lawyers. Negotiated and set incentives for management teams to properly align interests.
Monitored existing portfolio companies, remaining in regular contact with management teams. We participated in three follow-on investments during the difficult economic environment of 2009.
Engaged other private equity funds for a co-investment when club deals were called for.
Pitched potential investors of the fund during the pre-marketing phase of the fundraising cycle.
The global wine industry generates $29 billion in annual revenue and is at an inflection point towards future growth. Societal and taste changes are poised to bring new frontiers and opportunities to the industry
Lyft vs. Uber – Hailing a Ride to Public Markets (Publication)
With both expected to go public in 2019, we look at Lyft vs Uber and how they would be valued on the public markets. This analysis also comprises an overview of their respective business models, finances, and expansion strategies.
Are Art Investments a Worthwhile Asset Class? (Publication)
Did you know that, in 2016, $60 billion was invested in art, which was comparable to the exit proceeds from venture capital investing?
This article sheds light on the opaque world of art investments and whether it’s a realistic choice for inclusion in portfolios. The article covers types of art as well as how investments are valued and return performance relative to other assets.
Master's degree in Economic History
2006 - 2007
London School of Economics and Political Science - London, UK
Bachelor's degree in Economics and Philosophy
2002 - 2005
University of Southern California - Los Angeles, CA, USA