Spencer Platt/Getty Danny Meyer, the famed New York restaurateurwho eliminated tipping at restaurants and founded the Shake Shack empire, is jumping into the world of finance. Meyer has raised $220 million for a private equity fund called Enlightened Hospitality Investments LP that will make $10 million to $20 million investments in companies that share the employee-focused ethos of his Union Square Hospitality Group establishments, according to a story in The Wall Street Journal by Charles Pass...
Shake Shack founder Danny Meyer is jumping into finance with a $220 million fund (SHAK)
Business Insider - 7 Oct 2017 18:34
Spencer Platt/Getty Danny Meyer, the famed New York restaurateurwho eliminated tipping at restaurants and founded the Shake Shack empire, is jumping into the world of finance. Meyer has raised $220 million for a private equity fund called Enlightened Hospitality Investments LP that will make $10 million to $20 million investments in companies that share the employee-focused ethos of his Union Square Hospitality Group establishments, according to a story in The Wall Street Journal by Charles Pass...
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