UMich takes $50 mln stake in Roark restaurant platform

Roark Capital, University of Michigan, pension fund, private equity, venture capital
  • UMich made the investment in June
  • Roark used sidecar to close Buffalo Wild Wings deal
  • $11.6 bln endowment also commits to General Catalyst, Bernhard funds
University of Michigan’s $11.6 billion endowment took a $50 million stake in Roark Capital Group’s fast-growing restaurant platform. In June, University of Michigan committed $50 million to Roark Capital Partners II Sidecar Fund, which Axios reported was raising as much ...

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