Wine Investment Fund To Raise £30M

Wine Investors is planning to raise a total of about £30 million for a fund through a listing on the Aim.

Wine Investors is planning to raise a total of about £30 million for a fund through a listing on the Aim, Financial Times reports. The portfolio will buy only the finest wines, which will be stored in government bonded warehouses. Anpero Capital, which launched the Wine Investment Fund in 2003 with £1 million, will be managing the fund. U.K. integrated investment bank, Arbuthnot Securities, is advising Wine Investors.

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