by Kari Lundgren at Bloomberg.com

Richmond Park Capital LLP, the UK merchant bank founded by former Dresdner Kleinwort Wasserstein executives, bought 29% of Lunzer Wine Investments and will start a Bordeaux fund aimed at wealthy clients.  Richmond Park partners Steven Berger and Pascal Maeter will set up the Lunzer Wine Investments Institutional Fund, Lunzer Chief Executive Officer Peter Lunzer said in an interview in London. The closed-end fund will open this month with £15m ($21m) to £20m in assets and seeks investors willing to spend a minimum of £500,000 apiece.