Z Capital Said to Weigh Stake Sale at $1 Billion-Plus Valuation

James Zenni’s Z Capital Group LLC, an investment firm focused on private equity and credit wagers, is exploring strategic options including the sale of a minority stake, according to a person with knowledge of the matter.

Z Capital is in preliminary talks with potential investors on a stake sale that could value the firm at $1 billion or more, said the person, who requested anonymity discussing a private matter. The New York-based firm is working with an adviser to solicit interest, and may use proceeds to seed new funds and expand employee ownership, the person said.

James Zenni, president and chief executive officer of Z Capital Partners

Photographer: Christopher Goodney/Bloomberg

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