Wine Fund Manager Not A Wine Drinker
It's true: Peter Kaufman is a managing director at Bacchus Capital Management, a wine-focused investment fund, and he doesn't really care for wine. He's "more of a beer and shot guy," he said at a conference earlier this year. I bring this up because Bacchus Capital announced its first investment today. The firm provided a mezzanine loan to Cameron Hughes Wine, a sourcer of super- and ultra-premium wine for stores like Sam's Club and Costco. You must be thinking, the words "premium" and Costco sure do not belong in the same sentence. Could that contradiction be a result of the Joe Six Packs on Bacchus Capital's deal team?
22 October 2008•1 min read
