Le Lézard
Classified in: Business
Subject: VEN

InvestBev Fund III Raises $70M For Adult Beverage Investing


InvestBev Group has closed its 3rd fund at $70M. The total raised by IBG since inception is well over $110M for investing in the Adult Beverage sector. With this most recent close, InvestBev has grown to be the largest single sector focused fund in America for alcohol beverage brands, distillate and beverage technology.

CHICAGO, May 16, 2022 /PRNewswire-PRWeb/ -- Brian Rosen, General Partner of InvestBev Group, and the IBG team have closed their 3rd raise at $70M. Rosen, founder of advisory service groups BevStrat LLC, a sales and marketing group and Sprout Beverage LLC, a new brand incubator, has vowed to deploy all of fund III into adult beverage brands, beverage technology and global raw distillate. Previous investments include; Siempre Tequila, L'Uva Bella Winery, Fyllo Technologies, Elenita Mezcal and a leading ECOMM beverage platform.

The groups investing and trading principles are derived on the adult beverage sector being both strong and made up of a non-correlated asset class. The investment team is strongest for brands that need strategic and experienced industry capital for growth.
The investor base of Fund III consists of institutional, family office, and high net-worth individuals. Fund III took just over 20 weeks to raise and close.

Media Contact

Brian Rosen, InvestBev Group LLC, 1 3126179057, [email protected]

 

SOURCE InvestBev Group LLC


These press releases may also interest you

at 19:10
Brii Biosciences Limited ("Brii Bio" or the "Company", stock code: 2137.HK) a multi-national company developing innovative therapies for diseases...

at 19:00
Chubb Life today announced that Jack Chang has been appointed President of the company's life insurance operations in Taiwan that were recently acquired from Cigna. Mr. Chang is currently President of Chubb Life Taiwan. In his new role, Mr. Chang...

at 18:35
Key survey findings: 63 percent of micro-, small, and medium-sized enterprises (MSMEs) agree that adopting online methods helped sustain their business in the long run.In fact, 79 percent of businesses in Australia own a business website, and 20...

at 18:28
bitcoinblack, a VIP crypto credit card exclusive to 10,000 members globally, is now available in the United Arab Emirates. Secured by the holder's crypto, the card is billed as a gateway to a world of luxury goods and services and one-of-a-kind...

at 18:00
Chubb Life today announced that Jee Eun (Geannie) Cho has been appointed Country President of the company's life insurance operations in Korea that were recently acquired from Cigna. The business will continue to operate as LINA Korea. Ms. Cho, who...

at 17:20
A new Cheba Hut shop has made its debut to 306 W Holly St, Bellingham, WA 98225. The "toasted" sub shop offers over 30 signature sub sandwiches, as well as a variety of Rice Krispy treats, salads, and munchies along with a full-service bar. Drinks...



News published on 16 may 2022 at 14:35 and distributed by: