Latest news with #ChrisFletcher
South China Morning Post
5 days ago
- Business
- South China Morning Post
HSBC asset-management unit dives into private credit in Asia, with US$4 billion backing
HSBC Asset Management will launch a dedicated private-credit strategy in Asia-Pacific later this year after its parent unveiled plans to inject US$4 billion into its funds to bolster the higher-returning business. The asset management arm of Hong Kong's biggest lender aimed to use the offering to support corporate, family and private equity-backed clients across the region, according to Chris Fletcher, head of Asia-Pacific private credit. 'We are going to be very much focused on supporting performing, big-market companies,' he said during a panel discussion at the Greater China Private Equity Summit last week. The move coincided with HSBC's decision to invest the cash into its asset management arm's private-credit funds, according to a Reuters report on Monday. The bank aimed to attract additional capital from external investors to build a US$50 billion credit fund within five years, which would be invested globally, with an initial focus on direct lending in Asia and the UK, the report said. The bank declined to comment. HSBC is the latest financial institution to enter the private-credit market, drawn by attractive returns and diversification advantages. The attention on Asia also makes sense due to the region's significant growth potential compared with the more developed Western markets in non-traditional lending. 'There is a clear trend in the private-credit market, characterised by rising investments from insurance companies, family offices and sovereign wealth funds,' said Stephen Wong, an executive committee member of the Chartered Alternative Investment Analyst Association's Greater China chapter.
Yahoo
24-02-2025
- Business
- Yahoo
Jack Daniel's Introduces 14-Year-Old Tennessee Whiskey for the First Time in Over a Century
Jack Daniel's latest in its annual award-winning Aged Series features Jack Daniel's 14-Year-Old Tennessee Whiskey along with 12-Year-Old Batch 3 and 10-Year-Old Batch 4 LYNCHBURG, Tenn., February 24, 2025--(BUSINESS WIRE)--The Jack Daniel Distillery today announced the release of its Jack Daniel's 14-Year-Old Tennessee Whiskey, marking the first time since the early to mid-1900s that Jack Daniel's has offered an expression at this age. This year's Aged Series also includes Jack Daniel's 12-Year-Old Tennessee Whiskey Batch 3 and 10-Year-Old Batch 4, the latest in the annual release that nods toward the history of the Jack Daniel Distillery. "When we released our first Jack Daniel's 10-Year-Old Tennessee Whiskey a few years ago, we set out to honor the legacy of Jack Daniel himself and replicate the lineup of age-stated whiskeys available during his time," said Chris Fletcher, Master Distiller at the Jack Daniel Distillery. "This year's releases build upon that as we re-introduce our new 14-Year-Old Tennessee Whiskey, the oldest age-statement for Jack Daniel's in the last 100 years or more. These whiskeys really showcase how a little extra time in our barrels is capable of producing something so special." Jack Daniel's 14-Year-Old Tennessee Whiskey, offered at 126.3 proof (63.15% abv), begins with Jack Daniel's classic Tennessee Whiskey mash bill of 80% corn, 12% malted barley, and 8% rye, is distilled in Lynchburg, Tennessee, and is mellowed drop by drop through 10 feet of sugar maple charcoal, just like the classic Jack Daniel's Old No. 7 Tennessee Whiskey. The additional years of aging for Jack Daniel's 14-Year-Old Tennessee Whiskey bring forward notes of sweet bakery spices with layers of oak. The palette opens with cinnamon and creamy butterscotch balanced with rich leather that lingers into aged oak and pipe tobacco. Jack Daniel's 12-Year Old Tennessee Whiskey Batch 3 is offered at 107 proof (53.5% abv) and has sweet and creamy notes of pipe tobacco, seasoned oak, and butterscotch. Jack Daniel's 10-Year Old Tennessee Whiskey Batch 4 is offered at 97 proof (48.5% abv) and is oak forward with layers of dark fruit and bittersweet cocoa. Jack Daniel's 14-, 12-, and 10-Year-Old Tennessee Whiskeys will be available this month in limited quantities across the U.S. in 700 mL bottles with suggested retail prices of $149.99, $94.99 and $84.99, respectively. Additionally, Jack Daniel's 10-Year-Old Tennessee Whiskey will be available in select countries internationally beginning this summer. For more information, visit About Jack Daniel's Officially registered by the U.S. Government in 1866 and based in Lynchburg, Tenn., the Jack Daniel Distillery is the first registered distillery in the United States and is on the National Register of Historic Places. Jack Daniel's is the maker of the world-famous Jack Daniel's Old No. 7 Tennessee Whiskey, Gentleman Jack Double Mellowed Tennessee Whiskey, Jack Daniel's Single Barrel Tennessee Whiskey, Jack Daniel's Tennessee Honey, Jack Daniel's Tennessee Fire, Jack Daniel's Tennessee Apple, Jack Daniel's Bonded, Jack Daniel's Sinatra Select and Jack Daniel's & Coca-Cola. Today, Jack Daniel's is a true global icon found in more than 170 countries around the world and is the most valuable spirits brand in the world as recognized by Interbrand. Please Drink Responsibly. Jack Daniel's 14-Year-Old Tennessee Whiskey, 63.15% alc. by vol., Jack Daniel's 12-Year-Old Tennessee Whiskey, 53.5% alc. by vol., and Jack Daniel's 10-Year-Old Tennessee Whiskey, 48.5% alc. by vol. Distilled and bottled by Jack Daniel Distillery, Lynchburg, Tennessee. JACK DANIEL'S is a registered trademark. ©2025 Jack Daniel's. All rights reserved. View source version on Contacts Svend Jansen svend_jansen@ 502-774-7825
Axios
11-02-2025
- Business
- Axios
An evening in the Valley with Jack Daniel's master distiller
Whiskey aficionados in the Valley got a special treat last week with tasting events hosted by the master distiller from Jack Daniel's. State of play: Chris Fletcher, Jack Daniel's master distiller since 2020, gave drinkers a whiskey lesson at The Country Club at DC Ranch in Scottsdale and Magnum's Cigar Wine & Liquor. "I want people to understand the quality and the craftsmanship that goes into making our whiskey," Fletcher told Axios about the tasting events. Rakesh "Rocky" Patel, owner of Rocky Patel Premium Cigars, was on hand at Magnum's with cigars and a how-to lesson on pairing them with whiskies. Zoom in: Everyone knows the company's flagship Old No. 7 Tennessee whiskey, but Jack Daniel's has a lot of other offerings. Attendees got to taste JD's Single Barrel Barrel Proof Tennessee Whiskey, Single Barrel Barrel Proof Rye, Sinatra Select and a special twice-barreled rye that isn't available outside the Lynchburg, Tennessee distillery. Each tasting came with a cigar chosen for an ideal pairing. Best pours: The Distillery Series rye was incredible — creamy and smooth, without the spicy bite you'd normally expect. The barrel-proof rye is the Magnum's store pick, which I thought was particularly tasty. What's next: Fletcher said Jack Daniel's has some rye whiskey, "some barrels that we've been holding back and watching them," that Fletcher expects to be ready this summer that he's excited about.
