Danny Meyer Starts $200M Fund to Expand Businesses

“Looks like Danny Meyer is throwing weight behind expanding restaurants: Union Square Hospitality Group has launched an investment fund that has already raised $200 million and could duplicate restaurants like Martina.

The Wall Street Journal reports that the private-equity fund called Enlightened Hospitality Investments LP, could be used to expand restaurants like cafe Daily Provisions and pizzeria Martina across the country. It’s also investing in outside companies, like Joe Coffee and even non-food related businesses…………”

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