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Draper

Utah’s Savory Fund Closes $201.5 Million Fund III, More Than Doubling the Size of Its Previous Funds — Combined

By utahmoneywatch.com · October 19, 2026 · 1 min read
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A close-up of a pristine place setting on a dark wooden table under warm, cinematic lighting, symbolizing investment and the culinary industry.
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Utah News spotted this story published October 19, 2026 at utahmoneywatch.com. Full coverage may follow as more sources report.

EXECUTIVE SUMMARY ✅ Draper-based Savory Fund has closed its third restaurant-focused investment fund at $201.5 million, exceeding its $200 million target and raising more capital than its first two funds combined. ✅ Approximately $70.5 million, representing 35% of Fund III, has already been deployed across four restaurant brands, including Utah-based Bonrue Bakery and Zao Asian Grill.

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