Angel’s Envy Co-founder Invests $14 Million in Stolen Spirits

After the successful sale of Angel's Envy earlier this year, one of the brand's co-founders, Marc Bushala, announced he would establish a $50 million Innovation Fund through his Chicago-based company Liquid Asset Brands (LAB) to invest in other small spirits businesses [see WSD 04-15-15]. LAB has revealed its first investment will be $14 million for a majority stake in Stolen Spirits out of New Zealand. Stolen Spirits' portfolio currently includes four rums from Trinidad & Tobago -- Stolen Dark, Stolen