COBALT advised the creation of fine wine investment fund WineFortune

COBALT advised the creation of the fine wine investment fund WineFortune which is the first fund in the world to enable retail investors to invest in the wine asset class.

Fine wines are an alternative asset class that offers stable value growth. According to Forbes, the Liv-ex Fine Wine 100 index has risen 270.7% in two decades, surpassing the S&P 500 index by 8% over the same period. Wines are often used to protect investment portfolios against market fluctuations and inflation.

The client was advised by Partner Kristel Raidla-Talur, Specialist Counsel Greete-Kristiine Kuru, Associate Johanna Lumiste, and Assistant Lawyer Marit Raatma.

Find further information on the new fund: here