Posted on 27 November, 2019
20Cube Logistics is an emerging-markets focused,
asset-light, digital logistics company with offerings in air and sea freight
forwarding, warehousing services and third party logistics (3PL). The company
has strengthened its leadership with the appointment of industry veteran, Beat
Simon as Executive Chairman and Albert Ng as Head of Strategy and
Click here to read the full article on ‘Economic Times’
Below are excerpts from the post that first appeared on Economic Times on 27 November 2019:
Zephyr Peacock-backed technology-driven logistics provider, 20Cube, has announced the appointment of Beat Simon and Albert Ng as head of strategy and implementation.
“With Beat and Albert’s track record we will continue our journey to make trade easy by using our logistics experience to harness new technology,” said Abhijeet Kudva, Managing Director, Zephyr Peacock India, in a statement.
As executive chairman of 20Cube, Simon will lead the Board and provide the CEO with support and guidance around key strategic issues. Ng started his career in consultancy at McKinsey & Company.
Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity funds
Since its inception in 1994, Zephyr has sponsored and/or managed 26 investment funds in both public and private securities markets representing approximately $1.2 billion in combined commitments and assets under management
Emerging Markets Focus
The firm has initiated several private equity funds investing in several African countries, South Korea, Mexico, India, and Sri Lanka since its founding. Zephyr's funds serve medium size enterprises that are often ignored by larger private equity players. Zephyr funds provide growth capital to established companies with proven business models and sustainable competitive advantages.
Investment activities are currently focused on India, Sri Lanka and Africa.
Zephyr Peacock India
Zephyr Peacock India provides equity financing for fast growing, small to medium sized companies led by strong entrepreneurs and management teams.Read More
Emerald Sri Lanka Fund
Emerald Fund provides equity financing for fast growing, small to medium sized (SME) Sri Lankan companies led by strong entrepreneurs & management teams.Read More
Zephyr Acorn provides equity
Zephyr Acorn provides equity financing and business support to innovative early-stage companies in East Africa.Read More
Active Portfolio Support
The firm's special expertise lies in bringing global best practices to medium-sized growing companies by assisting them in conceptualizing sustainable business strategy, management development, compensation, ESG, expansion outside of their home country, capital structure and positioning for stock exchange listing or trade sale.