UMich takes $50 mln stake in Roark restaurant platform

Roark Capital, University of Michigan, pension fund, private equity, venture capital
Michigan Stadium, home of the University of Michigan Wolverines football team and nicknamed "The Big House," is photographed in Ann Arbor, Michigan, September 14, 2009. REUTERS/Molly Riley (UNITED STATES) - WASE59N12UN01
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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