Lapierre, a Grasp of Wine since 2013, is already a part of Vint’s funding committee and can step into the brand new director of wine position because the group seems to be to develop.
He joins Vint from the California-based Vinfolio effective wine group, the place he most just lately served as president.
Vint is one among a number of teams that has mentioned it needs to make investing in wine in its place asset extra accessible.
Based in 2019, the group has since 2021 specialised in providing Securities & Trade Fee-qualified shares in effective wine and spirits collections to US-based prospects. Wines are insured and held with skilled storage corporations, Vint mentioned beforehand.
Lapierre is tasked with main an growth of the group’s community of producers and suppliers, plus serving to to create new collections and merchandise.
Returns for wine traders are by no means assured, however Lapierre may even assist resolve when to ‘exit’ collections to extend prospects’ probabilities of success.
Vint’s cofounder and CEO, Nick King, mentioned, ‘As Vint enters the subsequent section of development, Adam’s deep roots within the business can be instrumental in serving to to scale our networks and construct new relationships.’
Lapierre has additionally been director of buying at retailer Lidl, in addition to nationwide gross sales supervisor at effective wine importer Frederick Wildman and Sons.
He mentioned that he aligns strongly with Vint’s give attention to ‘accessibility and transparency’ and added, ‘I sit up for working with Nick [King] to ascertain new methods to ship on that mission and to help Vint’s rising presence available in the market.’
On 14 June, Vint introduced the launch of a set of 12 bottles of varied Domaine de la Romanée-Conti wines from the 2011 classic. It supplied 530 shares at $100-a-share. The gathering was listed as bought out on the time of writing.
