Private Equity
Jay-Z and other celebs pile in as Swedish brand reaches $2bn valuation on plant-based productAs tastemakers go they don’t get much bigger than celebrity power couple the Carters, with Jay-Z’s investment in the Oatly drinks brand sprinkling stardust on the booming alt-milk industry.Last week, the Swedish oat milk-maker was valued at $2bn (£1.56bn) after it sold a 10% stake to a star-studded cast of investors that included Oprah Winfrey, Jay-Z’s entertainment company Roc Nation, Natalie Portman and US private equity firm Blackstone. Continue reading...

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