Heller: Cordillera took 18 months to underwrite its initial whiskey investment
Chris Heller · Chris Heller - Ten Years of Weird Alternatives (EP.420) · Dec 2, 2024 · at 19:42
Chris Heller, co-founder of Cordillera Investment Partners, explains the deep due diligence required before entering unfamiliar niche asset classes.
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“Whiskey as something that when that came across our desk six years ago, we knew nothing about investing in whiskey. Literally nothing. Three different groups pinged us and said, hey, you got to look at what's happening in the aging curve. I didn't even know what the aging curve was. I didn't know anything about what it meant. So that took 18 months to underwrite that deal in which you are spending a full year and a half talking to everyone that you can in this industry.”
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