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February 21, 2018  

LPs Get Shot at Bourbon Strategy

Investment consultant Agem Capital is marketing a fund that gives new meaning to liquid assets.The planned vehicle, Kentucky Bourbon Fund, would buy up to 80,000 barrels of newly distilled whiskey, then age the spirit for 3-4 years before selling it to a bottler. Agem, a London investment-banking boutique catering to fund managers and investors overseas, is telling prospective backers that the fund should generate a cumulative net return of...

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