Amzak Capital Management
Also known as Amzak Capital, Amzak Capital Management, LLC, Amzak Health
Boca Raton-based private investment firm of the Kazma family, investing in fixed income, real estate, industrials and, through Amzak Health, medtech and biotech companies.
USEFUL FOR Founders · Business owners seeking a long-term partner · Co-investors
Private investment firm of the Kazma family (Boca Raton, Florida). Amzak Health is its New York-based healthcare investment team. The Kazma Family Foundation is the family's separate non-profit, not an investor.
Family & background
- FAMILY
- Kazma
- WEALTH ORIGIN
- Cable television (Amnet, sold to Millicom in 2008)
- HEADQUARTERS
- Boca Raton, United States
Investment approach
- STAGES
- Series ASeries BGrowthBuyout
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsVenture capitalPrivate equityReal estatePublic equities
Overview
Amzak Capital Management is the private investment firm of the Kazma family, who built and operated cable television systems in Canada, the US, the Caribbean and Central America; their Central American cable company Amnet was sold to Millicom in 2008. The firm describes itself as having moved from a family business into an institutional investment manager focused on fixed income, real estate, industrials and healthcare, with smaller allocations to public equity. Its New York-based healthcare team, Amzak Health, describes itself as an evergreen fund investing in private and select public medtech and biotech companies. Its portfolio page lists current medtech holdings including Sound Blade Medical, Neuros Medical and ShiraTronics.
Investment thesis
Amzak Health backs first-in-class or best-in-class life science companies addressing unmet medical needs: in medtech, from early stage through commercialization, typically where its expertise can help reach a value inflection point; in biotech, pre-clinical through proof-of-concept companies across therapeutic areas.
Holdings & investments (13)
INVESTMENT ARMS & VEHICLES
- Healthcare and medtech venture investing (describes itself as an evergreen fund)
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Inspire Medical SystemsNOTABLEHealthTech · IPO
- HistoSonicsNOTABLEHealthTech
- GynesonicsNOTABLEHealthTech · Acquired
- Essential MedicalHealthTech · Acquired
- Eidos TherapeuticsBiotech & Life Sciences · Acquired
- HealthTech
- HealthTech
- HealthTech
- HealthTech
- HealthTech
- AOC Metal WorksIndustrial & Manufacturing
- TechniplasIndustrial & Manufacturing
- Canvas EnergyIndustrial & Manufacturing
People
- Luis EspinalVice President of Real Estate Investments · source
- Gerry KazmaChairman and Founder · source
- Michael KazmaPresident and CEO · source
- Joyce EronyManaging Partner, Amzak Health · source
- Tony NatalePartner, Amzak Health · source
- Dave SietPrincipal, Amzak Health · source
- Mark FieldsOperating Partner · source
- Joe VidmarOperating Partner of Industrials · source
- Sam Barker, CFAManaging Director of Fixed Income · source
- Eric Spector, CFADirector of Fixed Income · source
- Andres BethencourtDirector of Fixed Income · source
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Amzak Capital Management is a single family office based in Boca Raton, the United States.
Amzak Capital Management invests on behalf of the Kazma family (Cable television (Amnet, sold to Millicom in 2008)).
Amzak Capital Management invests directly in companies. Its stated asset mix includes direct investments, venture capital, private equity, real estate and public equities.
Amzak Capital Management invests at Series A, Series B, Growth and Buyout stages in HealthTech, Biotech & Life Sciences, Industrial & Manufacturing and Real Estate & PropTech.
Key people at Amzak Capital Management include Gerry Kazma (Chairman and Founder), Michael Kazma (President and CEO), Joyce Erony (Managing Partner, Amzak Health) and Tony Natale (Partner, Amzak Health).
Amzak Capital Management's holdings and investments include Inspire Medical Systems, HistoSonics, Gynesonics, Essential Medical, Eidos Therapeutics, Sound Blade Medical, Neuros Medical and ShiraTronics, among others.