ZMC Announces Promotion of Sheila Dharmarajan to Partner

NEW YORK--()--ZMC (“ZMC” or the “Firm”), a leading middle market private equity firm focused on investments in the media, communications and technology sectors, is pleased to announce the promotion of Sheila Dharmarajan to Partner.

Ms. Dharmarajan joined ZMC in 2014 and holds a unique role, leading the investor relations, fundraising and business development functions at the Firm. Most recently, she led the fundraising efforts for ZMC III which closed in November 2019. The $775 million fund, which was substantially oversubscribed by both existing and new institutional investors, invests in technology-enabled media and communications enterprises.

Commenting on the promotion, ZMC Founder and Managing Partner Strauss Zelnick said, “Throughout ZMC’s nearly twenty-year history, we pride ourselves on rewarding excellence. Since joining, Sheila has been pivotal in the organization’s growth and bringing increasing depth to ZMC’s middle-market media, communications, and technology focus. She has demonstrated the skills and character that we are looking for, and it gives me great pleasure to announce her promotion to Partner.”

“Sheila is a critical member of the ZMC team and an important driver of our culture and growth. Her achievements in both fundraising and deal sourcing have been a tremendous source of value-add to the Firm and its portfolio companies,” said Jordan Turkewitz, Co-Chief Investment Officer & Managing Partner. “Sheila is a natural leader and has made a significant contribution to the Firm through her business judgment, creativity and work ethic. We look forward to her continued growth and contributions in the years to come,” added Andrew Vogel, Co-Chief Investment Officer and Managing Partner.

Prior to joining ZMC, Ms. Dharmarajan was an on-air television reporter for CNBC and Bloomberg Television, where she regularly reported on a wide range of business news and breaking stories. She has also served as the host of “The Future Is Now”, a Yahoo! web series focused on innovation and cutting-edge technologies.

In addition, Ms. Dharmarajan has an extensive background in private equity and finance. She was an investment professional at Permira and Welsh, Carson, Anderson & Stowe, where she focused on analyzing and executing investments across a range of industries including healthcare, consumer / retail and information services. Ms. Dharmarajan began her career as an investment banking analyst at Donaldson, Lufkin & Jenrette and was an associate director in the mergers & acquisitions group at IAC/InterActiveCorp.

Ms. Dharmarajan holds BS in Finance & Management from the Wharton School at the University Of Pennsylvania. Ms. Dharmarajan also earned her MBA from the Stanford Graduate School of Business. She is currently President of the Stanford Graduate School of Business Alumni Board and alumnae of The David Rockefeller Fellows Program sponsored by the Partnership of NYC.

About ZMC

ZMC is a leading private equity firm comprised of experienced investors and executives that invest and manage a diverse group of media and communications enterprises. Founded in 2001, ZMC’s investment philosophy centers on operational value creation driven by targeted investment themes, deep sector expertise, and strong partnerships with industry and operating executives. ZMC approaches its investments in collaboration with management teams and has a successful track record of actively adding value to portfolio companies. ZMC is currently investing out of ZMC III, L.P., which closed on $775 million in commitments. See to learn more.


Derek DeBenedetto, 212-223-1997


Derek DeBenedetto, 212-223-1997