Enlightened Hospitality Investments Closes $332 Million Fund

January 13, 2022

Willkie advised Enlightened Hospitality Investments in the formation of Enlightened Hospitality Investments II, LP.

On January 10, Enlightened Hospitality Investments, a strategic investment manager affiliated with Danny Meyer's Union Square Hospitality Group, announced the close of its second fund, Enlightened Hospitality Investments II, LP. The fund secured $332 million in capital commitments, exceeding its $300 million fundraising target.

Similar to its predecessor fund, Enlightened Hospitality Investments II will primarily seek to make minority growth equity investments of $10 million to $30 million in high-growth, category-leading companies, with a particular focus on fine casual restaurants and technology companies that fuel hospitality.

Enlightened Hospitality Investments is a strategic investment manager formed to leverage the brands, businesses and team of Union Square Hospitality Group. Founded by CEO Danny Meyer in 1985, Union Square Hospitality Group is a leading hospitality company that has created some of New York's favorite restaurants, cafes and bars.

The Willkie team was led by partners Phillip Isom, Justin Browder, Russell Pinilis and Giovanni Smedley, and associates Caitlin Link and Gabrielle Schwartz.