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Zac Barratt is a graduate of the University of Cambridge, in Natural Sciences and Law. After qualifying as a solicitor with Herbert Smith in 1983, he joined The Summit Group in 1986.The Summit Group is a privately-owned (mostly by Zac and his business partner) venture capital business investing in early stage UK businesses, with over 20 investments across a wide range of business sectors.

Aside from having served as a trustee of RADA since 2004, Zac is also a school council member at Newton Prep (a London day school) where he has a responsibility for safeguarding, and has served as a governor at a state primary school in Earls Court.