Pursuits
Private Equity Wake-Up Kiss for Mayacamas: Elin McCoy
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As my car climbs the steep road to Mayacamas winery on Napa’s remote Mount Veeder, I’m recalling its classic cabernets and chardonnays. Amazingly long-lived and complex, they’re under-the-radar and undervalued for their ‘first-growth’ quality. Is all that about to change?
In April, Bob Travers, the Californian winery’s owner for 45 years, sold the 465-acre (188 hectare) property to Charles Banks of San Francisco-based private equity firm Terroir Capital LLC, his wife Ali, and retail entrepreneur Jay Schottenstein and his son Joey.