Zack Gund

G. Zachary "Zack" Gund is Managing Partner and co-founder of Coppermine Capital, LLC, a Concord, Massachusetts private investment firm he established in 2001 and runs alongside his brother, Grant Gund. He is a member of the prominent Gund family and a son of Gordon Gund, the businessman and former majority owner of the NBA's Cleveland Cavaliers. Before founding Coppermine, Zack worked in a business-development role at Ucentric Systems, a home-networking software company that was later acquired by Motorola.

At Coppermine, Gund oversees a portfolio spanning manufacturing, healthcare, food, and service businesses, taking hands-on chairman and board roles rather than acting as a passive financial backer. His work has been concentrated in the manufacturing and service industries, including food manufacturing — experience that led to his 2014 election to the board of directors of the Kellogg Company (now Kellanova), where he chairs the Manufacturing Committee and serves on the Compensation & Talent Management, Nominating & Governance, and Executive committees.

According to biographical databases (Bloomberg, MarketScreener), Gund earned a BA from the University of Vermont and an MBA from Northwestern University's Kellogg Graduate School of Management. The Gund family has deep ties to UVM, having donated $6 million to create the Gund Institute for Environment there. His investing style reflects a family-office, long-horizon orientation: buy good operating companies, back strong managers, and hold them for the long term rather than chase fixed return thresholds or quick exits.

• Control buyouts of established businesses, not startups — Coppermine targets companies with enterprise values of ~$10M–$150M in healthcare services, business services, food & beverage, niche manufacturing, and impact sectors.
• Management-first: the firm states it prioritizes "identifying superior management teams," then developing data-driven strategy and providing operational support through its network. Capital is framed as "a strategic tool rather than a primary decision driver."
• Long-term, flexible capital: Coppermine emphasizes "long-term solutions" over fixed return targets and holding-period limits (its longest current hold exceeds 20 years), positioning itself as patient, permanent-style capital versus a typical fund's exit clock.
• Operator-owner posture: Zack tends to take chairman/board seats and stay involved in operations across portfolio companies.