Bankers quit Wall Street to find $US50 million for wine
Bankers quit Wall Street to find $US50 million for wine
Apr 15, 2012 6
(SMH) - Brian Mota didn't find it easy to give up the familiar turf of private equity for wine investing.
Mota, 38, had been evaluating more conventional investment opportunities at WallerSutton Capital in Greenwich, Connecticut, after leaving JPMorgan Chase & Co.'s investment-banking unit. Then he saw a way to treat wine in a similar fashion.
He hooked up with former investment banker Timothy Clew, 40, an active collector of wine, and after sending out feelers, they began The Wine Trust in earnest in 2010.
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