Wine as an asset class: Investing in wine 101
Fine wine and successful investing can go hand in hand! Please join YaleFin and UBS Private Wealth Management for a lively discussion on wine as an asset class.
We will be joined by panelists/oenophiles Kevin Sidders, Founder and President of VinConnect and Dev Gandhi, Managing Director MUFG (Yale '02) to discuss investing in fine wines, starting and operating a company in the wine business, building a wine portfolio, and where collectors see value in the current wine market. We will also be sampling wines to refine your palate for the upcoming holiday season!
When: Wednesday, November 20
5:30pm to 6:00pm – Registration and wine sampling
6:00pm – 6:45pm – Panel Discussion followed by Q&A
*We will begin promptly at 6pm*
6:45pm – 7:30pm – Networking and wine sampling
Where: UBS Private Wealth, 1285 Avenue of the Americas (between 51st and 52nd), 38th Floor, New York, NY
Advance registration is required to attend the event.
Kevin Sidders, Founder and President, VinConnect Inc.
Mr. Sidders founded VinConnect in 2011 as a platform to enable top European wineries to sell direct to their most passionate consumers in the U.S.
After leaving the investment banking industry in 2008, Mr. Sidders pursued his mutual interests in business and wine through several endeavors in different tiers of the industry -- importing, distribution and retail -- before pioneering the radical idea of extending the winery direct-to-consumer sales model to suppliers outside the U.S.
Prior to his pursuit of the wine business, Mr. Sidders spent ~20 years as an investment banker focused on technology companies, most recently with Credit Suisse in San Francisco where he was co-Head of the U.S. Software Investment Banking group. Mr. Sidders previously was a Partner and Head of Software at Thomas Weisel Partners for several years, and had significant prior investment banking experience in both Silicon Valley and New York. Mr. Sidders received a Masters of Management degree with distinction from the Kellogg School at Northwestern University and a Bachelor of Science degree with high honors from the University of Notre Dame.
Dev Gandhi (Yale '02), Managing Director, MUFG. Wine Investor
Mr. Gandhi started a company (Pied à Terre) that produces and sells Cabernet and Sauvignon Blanc using grapes procured from various vineyards around Napa Valley and Sonoma.
After graduating Yale in 2002 and finishing law school, Mr. Gandhi joined Allen and Overy as an Associate in Banking and Project Finance groups. In 2010 he joined MUFG where he is currently Managing Director, Chief Operating Officer and International Business Manager for the Capital Markets Group. MUFG is Japan’s largest bank.
Mr. Gandhi is also a past President of the Yale Club in New York City. He is currently on the Yale Club's Wine Committee and is tasked with selecting wine for the Club to purchase.
Monty Cerf (SOM '83), ICF Advisory Board Member & Managing Director, Portfolio Manager, UBS Private Wealth Management
Ross Mellor (SOM '08), Account Vice President, Portfolio Manager, UBS Private Wealth Management