PLATINUM WHISKY INVESTMENT FUND TARGETING GLOBAL MARKETS FOR PRIVATE SALES OF ITS OLD AND RARE WHISKY COLLECTION – Whisky News

NEWS RELEASE

24 February 2015

HONG KONG

PLATINUM WHISKY INVESTMENT FUND TARGETING GLOBAL MARKETS FOR PRIVATE SALES OF ITS OLD AND RARE WHISKY COLLECTION

US$10 million collection of the rarest whiskies in the world

Collection increased in value by approximately 26% in its first 18 months

Platinum Whisky Investment Fund – the first of its kind in the world – today released details of its growing, multi-million dollar collection of rare whisky. The collection exclusively focuses on single malt whisky and includes some of the oldest, rarest whiskies in the world.

“Production of aged single malt whisky takes time and demand is outstripping supply globally. We seek out the very rarest and best stocks from a range of private collectors in the UK and across Europe,” said Rickesh Kishnani, The Fund’s Chief Executive Officer. “Our strategy is to set up distribution partnerships in key markets globally, including Mainland China, Hong Kong, Macau, Taiwan, Singapore, UK, and the UK, over the next five years,” he added.

Working alongside Mr. Kishnani is The Fund’s Chief Investment Officer, David Robertson, who has 20 years’ experience in the industry and is a former Master Distiller at The Macallan and former Rare Whisky Director at The Dalmore.

“Using our combined industry knowledge and genuine love for whisky, we have built what we believe is the world’s finest, privately held collection of hand-picked, rare, single malt whisky. I have personally inspected and authenticated every single bottle of our 7,500-strong collection, which is a carefully-designed mix of silent stills (closed distilleries), vintage bottles dating back to 1902; iconic whiskies aged up to 64 years and limited edition bottles from Japan. The collection has been created to ensure we have a diversified portfolio that will appreciate in value over time and appeal to connoisseurs, collectors and investors at the point of exit,” Mr. Robertson said.

The oldest vintage in The Fund’s collection is an early Berry Bros & Rudd bottling of Highland Park 1902. The highest age statement is the Glenfiddich 64 year old from 1937 (only 61 bottles were ever produced from a single cask) and the most expensive, single bottle is the Macallan 60 year old Valerio Adami Edition from 1926 (only 12 individually numbered bottles were ever produced and The Fund owns bottle number 8) valued at over US$200,000.

AA Platinum

Oldest and Rarest Single Malt Whisky Collection (Left to right): Springbank 50, Laphroaig 1903, Balvenie 50YO 1937, Springbank 50 YO 1928, Dalmore 50YO 1926, Glenfiddich 64YO 1937, Mortlach 50YO 1936, Highland Park 1902, Macallan 50YO 1928

Over 30% of The Fund’s holdings are invested into silent stills, or bottles from distilleries that closed during the 1980s and 1990s, making them extremely rare and difficult to find in the open market. Some examples include the Karuizawa Founders’ Cask 30 YO 1981 (only 347 bottles produced), Rosebank 21 YO 1990 (only 5604 bottles produced), and Port Ellen 18 YO 1982 Old Malt Cask (only 777 bottles produced).

Other limited edition bottles owned by The Fund are from the closed distilleries of Brora, Glenesk, Convalmore, Littlemill, North Port, Glenury Royal, Ladyburn and Glen Flagler.

Platinum was recently named the sole Asia Pacific distributor of Prometheus 27 year old Speyside Single Malt Whisky by Glasgow Distillery Company. The second release of the award-winning Prometheus Series will debut exclusively at the Malt Masters Festival in Hong Kong next week.

NOTES

ABOUT PLATINUM WHISKY INVESTMENT FUND

The Platinum Whisky Investment Fund (“The Fund”) is a private investment vehicle focusing exclusively on rare whisky investments, primarily Scotch whiskies. It is a Cayman incorporated private investment company. The estimated value of The Fund’s holdings was independently confirmed by third party valuation agent, David Wainwright of Wainwright Advisors. The Fund is administered by Sinopac Solutions & Services.

For media enquiries please contact:

MHP Communications Hong Kong

Hilda Chan, hilda.chan@mhpc.com / +852 3114 6335

Fiona Parker, fiona.parker@mhpc.com / +852 3114 6337

 

 

Comments are closed.


Powered by WordPress