DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Growth Beverage Group, LP
Growth Beverage Group, LP
Private equity with venture activity · probableChicago, ILgrowthbeverage.comSEC registered investment adviser
Invest in the growing adult beverage market with private equity and bourbon barrel assets designed for long-term value.
registered adviser; venture funds are 0% of 6 private funds
Importance
41
elevated
Active deployment
55
elevated
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
19
moderate
Identity and regulatory footprint
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- 414 N. ORLEANS, SUITE 403, Chicago, IL, 60654adviserinfo.sec.gov
- Business phone
- 800-953-1312adviserinfo.sec.gov
- Website
- https://growthbeverage.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jun 5, 2024
- Private funds reported
- 6 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $191Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $191Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 13
- Owners on Schedule A
- Brian Rosen Trust (Limited Partner), E; Growth Beverage Group Holdings, LLC (General Partner), NA
- business email
- info@investbev.cominvestbev.compublished by the subject
- business email
- investments@investbev.cominvestbev.compublished by the subject
- business phone
- 800-953-1312adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
23 observed deals
Stated (the firm’s website)
- Sectors
- energy
- Stages
- series a, growth
- Geography
- chicago
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 96%Other 4%
lead rate n/afollow-on rate n/anew logos, 12 months 23
Funds and vehicles
6 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Investbev Growth Fund V, LP | Growth fund · ADV: Private Equity Fund | 2024 form d first sale | Fundraising | $0 Jun 5, 2024 | 0 | $21.5M | Jul 15, 2025 |
| Investbev Growth Fund Ivb, LLC | Growth fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $50.0M Jun 5, 2024 | 94 | $110,000 of $45.0M | Oct 17, 2022 |
| Investbev Growth Fund III Parallel, LLC | Growth fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $1.3M Jun 5, 2024 | 10 | $800,000 of $70.0M | May 31, 2022 |
| Investbev Growth Fund III, LLC | Growth fund · ADV: Private Equity Fund | 2021 form d first sale | Mature | $90.5M Jun 5, 2024 | 110 | $15.8M of $50.0M | Jan 10, 2022 |
| Investbev Growth Fund, LLC | Growth fund · ADV: Private Equity Fund | 2020 form d first sale | Mature | $40.4M Jun 5, 2024 | 77 | $23.7M of $24.0M | Aug 2, 2021 |
| Investbev Growth Fund Ivb Parallel, LLC | Growth fund · ADV: Private Equity Fund | unknown | Unknown | $8.4M Jun 5, 2024 | 27 | unknown | unknown |
| Glencoe Barrels, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $1.4M Mar 31, 2023 | 14 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
22 current, 1 departed
Aniya Evans
AssociateAssociate Brand Manager
Austin Byrd
AssociateAssociate, Investments
Jenna Scheffert
AssociateAssociate
Julia Mlynarczyk
AssociateAssociate
Maggie Lapcewich
Board or advisoryChief Growth Advisor and Board Member
Jeff Hoppmayer
Founder or executiveFounder & Chairman, Brindiamo Group
Ron Diamond
Founder or executiveFounder & Chairman, Diamond Wealth Strategies; Chari Stanford Family Business Office
Taylor Foxman
Founder or executiveFounder & CEO, The Collective Group
Brian Rosen
Managing partnerFounder, Managing Partner
Giuseppe Infusino
Managing partnerChief Investment Officer, Managing Partner
Giuseppe Infusino
OtherChief Investment Offcer · since Dec 1, 2020
Brian Rosen
PartnerElected Manager · since Sep 1, 2023
Katherine Stabler
Platform and operationsGeneral Counsel | Senior Legal Advisor
Tammy Frasz
Platform and operationsExecutive Assistant
Tony Greif
Platform and operationsVice President, Finance and Compliance
Alice Li
Vice presidentSenior Associate
Andrew Levy
Vice presidentSenior Vice President of Strategy and Industry Affairs, Provi
Dan Cook
Vice presidentVice President, Credit
Esther Park
Vice presidentVice President, Portfolio
Gustavo Aguirre
Vice presidentVice President, Brand Innovation
Michael Koehler
Vice presidentVice President
Phillip Abbey
Vice presidentVice President, Bulk Spirits
1 departed (kept with end dates)
- Erin Duffy · Portfolio Brand Relations · Dec 1, 2020 to Mar 28, 2024 Inference
Investments on record
23 edges, 23 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
5 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
18 dated events
- Sep 16, 2026Reservebar no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceReservebarVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Speakeasy no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceSpeakeasyVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Pilotprojectbrewing no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferencePilotprojectbrewingVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Explorenomadica no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceExplorenomadicaVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Siempre no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceSiempreVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Drinkcann no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceDrinkcannVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Tentoonerum no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceTentoonerumVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Thomas Ashbourne no longer listed on Growth Beverage Group, LP's portfolio pageRemoved from portfolio pagePortfolioInferenceThomas AshbourneVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 28, 2024Erin Duffy (Portfolio Brand Relations) no longer on Schedule A of Growth Beverage Group, LLC
- Mar 28, 2024Investbev Growth Fund V, LP first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund)Fund first reported on Form ADVFundsFactInvestbev Growth Fund V, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024Glencoe Barrels, LLC no longer reported on Form ADV by Growth Beverage Group, LLCFund no longer reportedFundsInferenceGlencoe Barrels, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Investbev Growth Fund, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund), GAV $39,253,172Fund first reported on Form ADVFundsFactInvestbev Growth Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Investbev Growth Fund Ivb Parallel, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund)Fund first reported on Form ADVFundsFactInvestbev Growth Fund Ivb Parallel, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Investbev Growth Fund Ivb, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund)Fund first reported on Form ADVFundsFactInvestbev Growth Fund Ivb, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Glencoe Barrels, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund), GAV $1,450,000Fund first reported on Form ADVFundsFactGlencoe Barrels, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Growth Beverage Group, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Investbev Growth Fund III Parallel, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund), GAV $1,104,639Fund first reported on Form ADVFundsFactInvestbev Growth Fund III Parallel, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Investbev Growth Fund III, LLC first reported on Form ADV by Growth Beverage Group, LLC (Private Equity Fund), GAV $65,487,381Fund first reported on Form ADVFundsFactInvestbev Growth Fund III, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 6 private funds
Evidence
37 observations from 2 sources