The LRG Capital Hospitality Group, a subsidiary of LRG Capital Group, a global investment, banking and advisory boutique, announces the launch of the LRG Capital Hospitality Fund.

The LRG Capital Hospitality Fund is co-managed by LRG Capital executives and two prominent restaurant professionals. Evan Kraus, Executive Vice President of LRG Capital Group and Lawrence Goldfarb, CEO of LRG Capital Group will partner with Shah Bahreyni, Managing Director of the LRG Capital Hospitality Group, and Aabi Shapoorian, both seasoned restaurateurs.

The LRG Capital Hospitality Fund was formed to capitalize on opportunities created by the current economic crisis. Amidst a climate of historically scarce capital resources and distressed businesses in the hospitality sector, the LRG Hospitality Fund offers a well-capitalized entity and a highly experienced team to take advantage of a broad set of hospitality investment opportunities. The Fund will identify and invest in early stage restaurants, adding value by restructuring existing concepts and providing needed management assistance and capital to foster expansion and franchising. The Fund will focus on multi-unit food and/or restaurant businesses that have an existing growth track record and operators that are interested in value-added partners.

INFO SOURCES

LRG Capital Group, LLC

FIRMS

LRG Capital Group is a global investment, banking and advisory boutique that focuses on public and private companies in the technology, life sciences, hospitality, real estate and entertainment sectors. Founded by Lawrence Goldfarb, the firm provides capital via private equity, commercial loans and structured debt financing, and guides and advises clients on mergers and acquisitions, corporate finance and other strategic alternatives. Based in San Francisco with offices in New York, LRG Capital excels at relationship-focused guidance and financing.

PEOPLE

Lawrence Goldfarb, founder and CEO of LRG Capital Group and co-manager of the new Fund