New fund focuses on sourcing premium, newly distilled barrels of whiskey, which are expected to appreciate in value as they mature
LOS ANGELES–(BUSINESS WIRE)–#AI—Vinovest, a digital platform democratizing access to tangible assets such as wine and whiskey, today announces the launch of the Vinovest Capital Whiskey Fund LP (“the Fund”), a $30 million five-year closed-end vehicle. Building on the success of its robust platform for fine wine investment, Vinovest’s newest offering presents a compelling opportunity to invest in whiskey, an asset class that has historically provided attractive returns and portfolio diversification.
The Vinovest Capital Whiskey Fund LP signifies Vinovest’s commitment to making tangible assets accessible to a broader group of investors. To date, the world of whiskey investment has been marked by high barriers to entry, complex regulations and logistical challenges related to storage and insurance. Vinovest’s new fund aims to circumvent these challenges and streamline the entire process. This includes tapping into deep-seated industry relationships to secure newly distilled whiskey barrels, offering professional custody solutions and secure storage, and managing ongoing buying and selling activities. With a team that includes veterans from renowned firms like Diageo and MetLife Investment Management, Vinovest’s global presence is backed by deep-seated expertise in investment, technology and the spirits sector. This unique blend of skills and experiences positions Vinovest to deliver an offering that is expertly managed, highly curated and regionally diversified.
“We’re incredibly excited to introduce the Vinovest Capital Whiskey Fund LP, which not only represents a significant milestone for Vinovest but also opens up a world of opportunity for our investors. In fact, it’s the first time investors can invest in maturing barrels of scotch and American whiskey in one entity,” said Anthony Zhang, co-founder and CEO of Vinovest. “As a tangible asset, premium whiskey has shown its value amid volatility, inflation and high interest rates. Our aim is to simplify whiskey investment and remove traditional complexities, allowing investors to gain more exposure to alternative assets with low correlation to traditional investments. We’re continuing our journey to provide investors the ability to tap into historically lucrative opportunities with ease.”
Launched in response to the growing demand for tangible assets, the Fund is focused on newly distilled barrels of whiskey as its core asset. This unique investment opportunity enables investors to participate in the maturation of whiskey, an asset class known to appreciate with age, enriching both its flavor and quality. These barrels are carefully stored in regulated bonded warehouses, allowing the whiskey to mature, resulting in an improved flavor, color and overall quality that greatly appeals to premium brands and other potential buyers in the spirits industry.
With a predominant emphasis on American whiskies such as Bourbon, Tennessee and American Single Malt, complemented by international diversification through Scotch, the Fund seamlessly integrates whiskey into investors’ portfolios. This not only has the potential to enhance returns but also serves as a valuable hedge against inflation and economic downturns. Furthermore, Vinovest implements rigorous quality control measures to ensure inventory quality and optimize exit pricing, making the Fund an attractive choice for investors seeking stability and growth.
Zhang added: “Vinovest is committed to affording investors convenience, accessibility, transparency, expertise and peace of mind. These principles continue to guide us as we introduce our new whiskey fund. Our goal is to make whiskey investing as user-friendly and inclusive as possible, all while ensuring liquidity and quality.”
Founded in 2019, Vinovest has rapidly grown to oversee assets exceeding $100 million across nine countries, enjoying support from prominent backers such as Hustle Fund and Tribe Capital, as well as relationships with industry giants like Diageo, LVMH, and Suntory. This new fund further solidifies the firm’s position as a leader in democratizing alternative investments.
For more information about the Vinovest Capital Whiskey Fund LP and other investment opportunities, please visit Vinovest’s website.
About Vinovest
Founded in 2019 and headquartered in California, Vinovest is a digital platform that is democratizing access to the world of fine wine and whiskey investments. Vinovest’s easy-to-use offering combines unparalleled expertise in both wine and whiskey with sophisticated investment models to curate portfolios based on customers’ risk tolerance and investment time horizons. Tapping into an extensive network of top wineries, distilleries, and trusted merchants, its team takes the legwork out of portfolio construction by sourcing, authenticating, storing, and insuring each bottle of wine and whiskey.
Vinovest is backed by leading venture capital firms including Hustle Fund and Tribe Capital, with support from prominent sponsors at Diageo, LVMH, Suntory, and more. For more information, visit www.vinovest.co.
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