DONALD L. DEVIVO

Managing Director

Don received a BA in Physics from Vassar College in 1974 and a PhD in Political Philosophy from the University of Toronto in 1980. For the next eight years Don lived mostly in Asia working for the United Nations in the area of foreign direct investment and capital market development in emerging markets.

In 1990 Don and a partner founded several private companies in Vietnam, the largest and most important being Megastar Media. Don initially joined ZCG in 2000 with responsibilities primarily as a portfolio manager in the international sector. Between June 2005 and December 2008, Don was a Managing Partner of Caravel Management and the Chief Investment Officer of the Caravel Fund, which focuses on frontier emerging markets. He rejoined ZCG as of January 1, 2009.

Don brings to ZCG a strong hands-on understanding of emerging market cultures and politics and direct experience of operating companies and investing portfolios. He also brings seasoned maturity in providing both top-down and bottom-up analysis. He sits on the Board of Directors of Eviva Concepts Ltd., LRM Industries International, Inc., and Vanguard Hotels Pte. Ltd.

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