Bacchus Capital Management Appoints Mike Jaeger COO and President Industry Veteran Joins Sam Bronfman in Leading First of its Kind Private

Equity Wine Firm



    NEW YORK, April 8, 2008 /PRNewswire/ -- Bacchus Capital Management,
 LLC, a San Francisco-based investment firm specializing in mezzanine and
 private equity wine industry investments, announced today the appointment
 of Mike Jaeger as President and Chief Operating Officer.
 
     Jaeger will be responsible for sourcing and evaluating potential
 transactions, overseeing the performance of Bacchus portfolio wineries and
 managing the research, investment and marketing teams. Jaeger brings 25
 years of experience in leadership positions within the wine and spirits
 industry. Most recently, he was the President and COO of Partida Tequila.
 Previously, he was President of the U.S. wine business of Vincor
 International and Group President of Constellation Brands, a $5 billion
 international beverage alcohol producer and the world's leading wine
 company.
 
     At Constellation, Jaeger was responsible for its largest wine division,
 representing over $500 million in sales. Jaeger began his wine industry
 career at Joseph E. Seagram, where he first worked with Sam Bronfman, then
 President of Seagram Chateau and Estate Wines. Bacchus reunites the two
 industry leaders.
 
     "Mike adds a tremendous breadth of talent and industry expertise. We
 are excited to have him join the Bacchus team," commented Sam Bronfman, CEO
 and founder.
 
     Bacchus Capital Management is an investment firm established in 2007 by
 Sam Bronfman, as well as Peter Kaufman and Henry Owsley, the two founding
 partners of Gordian Group, LLC, a New York City-based investment bank
 specializing in the financial restructuring sector, of which they continue
 to be President and CEO, respectively.
 
     "Bacchus Capital Management will play an important role in serving the
 capital needs of wineries today," continued Bronfman. "The support we have
 received from secured lenders as well as wineries is very encouraging. We
 all look forward to an exciting future."
 
     Press information: Hilary Peck hps@gordiangroup.com or (212) 486-3600
 x125
 
 
 

SOURCE Bacchus Capital Management, LLC

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