Raised in Seven Months, the Oversubscribed Fund Will Invest in Technology-Enabled Media and Communications Companies NEW YORK, November 21, 2019-- ZMC, a leading middle market private equity firm focused on investments in the media and communications sectors, yesterday announced the closing of ZMC III, L.P. and ZMC III Parallel, L.P. (together, “Fund III”) at $775 million. Through Fund III, ZMC will continue investing in technology-enabled media and communications enterprises and driving value creation through active, operationally focused management and deep sector expertise.