Category Archives: News

Whiskey assets raise spirits

Cordillera Investment Partners have raised $62 million for their inaugural fund targeting acquisitions of a different kind: aging whiskey barrels. The Whiskey Opportunities Fund is getting into the spirit of things as it taps in to the growing demand for premium whiskey assets, referred to as the “Bourbon Boom”. It’s certainly a more attractive liquidity proposition for investors to consider. Moreover, the uncorrelated nature of esoteric assets to broader market forces offer a useful diversification option, with the “super premium” category of whiskey enjoying a 129% volume growth in the last five years. How do you like yours…Neat or on the rocks? Slàinte!

Inspired by Business Wire

Bird’s eye view

The wisest investors know where to spot the best opportunities irrespective of charging market conditions. And it that sense, Blue Owl Capital is no exception. Despite expectations that the US will see interest rate cuts this year, the firm’s co-chief executive, Marc Lipschultz, still expects private credit to enjoy strong demand. Given the floating rate nature of private lending, any rate cuts will likely see adjustments to expected returns, but the spreads on offer will still catch the eye of investors. And with over $200 billion raised in private credit funds last year, there is plenty of capital for managers to use, and swoop in on PE-backed companies seeking out alternative financing options. Rate cuts are inevitable. But private credit is still capable of soaring higher.

Inspired by the Wall Street Journal

Winthrop(ic) Endeavour

Blackstone will be hoping to have the luck of the Irish on their side as they look to acquire a controlling stake in Winthrop Technologies for what is believed to be around GBP700 million. The privately owned Irish company is a leading constructor of data centers in Europe, where it has applied its expertise to design and build turnkey solutions in Germany, Ireland, the Netherlands and Sweden.

Inspired by Sky News