Private equity group MAB Capital Management has launched a $50m fund that will back early-stage beverage companies.
Liquid Asset Brands Innovation Fund I will make equity investments of $3m – $10m in early stage beverage businesses and accelerate the growth of the brands in its portfolio.
Led by entrepreneur Marc Bushala, Liquid Asset Brands also intends to create and launch its own brands and is planning to open a craft distillery in downtown Chicago in 2015.
The company is in discussions with several strategic partners through the entire beverage value chain, from production and bottling to sale and distribution.
MAB Capital Management is a capital management firm focused on making strategic investments in the real estate, communications, hospitality and entertainment sectors within the U.S. and abroad.