San Francisco based hedge fund firm Bacchus Capital Management LLC's main business is providing strategic capital for the wine industry. It had recently announced its exit from Qupe, one of the leading California Central Coast wine producers, whose owner is award winning winning winemaker Bob Lindquist.
Previously, Bacchus had provided a second lien loan to Qupe back in March 2011.
According to Bacchus Capital Co-Founder and Managing Partner Sam Bronfman, "Bob Lindquist is a leader and innovator in the wine industry. I am sure his wines will continue to garner the accolades for which he is known and we wish Bob much success going forward."
Qupe has produced handcrafted Rhone varietals and Chardonnay wines. It utilizes traditional winemaking techniques. The firm was established by Bob Lindquist in 1982.
For its part, Bacchus has investment partnerships with a number of winemakers such as Andretti Winery, DeLille Cellars, Madrigal Family Winery and other well-renowned winemakers in the California coast area.
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