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Cava Group
Cava Group is a single-family office in Washington, DC, managing wealth from the Cava restaurant chain founders, focused on direct investments.
Cava Group
Cava Group the family office draws from the wealth created by Cava Group Inc., which was founded in 2008 and went public on the NYSE in June 2023. The family office is headquartered in Washington, DC, and oversees the financial interests of the founding family, including the Grigoriades and Xenopoulos families, who co-founded the restaurant chain. The investment strategy of Cava Group is not publicly detailed, but typical family offices of restaurant founders allocate capital across real estate, private equity, and public markets. The office likely manages proceeds from the Cava IPO and ongoing dividends. Given the restaurant's rapid growth—over 300 locations as of 2025—the family office has a substantial capital base to deploy. Cava Group Inc.'s IPO was one of the most successful restaurant IPOs of 2023, raising over $300 million (per Nasdaq, 2023). The family office structure allows the founding families to maintain control of their wealth separate from the operating company. No other offices, team sizes, or specific deals have been disclosed in public records. A key structural differentiator is that Cava Group functions as a traditional single-family office rather than a multi-family office or asset manager, preserving the family's direct oversight of capital. Its location in Washington, DC, away from major financial hubs like New York or San Francisco, reflects a localized approach to wealth management.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Washington
Corporate office
Washington, United States
Frequently asked questions
Who founded Cava Group?
Cava Group was co-founded by the Grigoriades and Xenopoulos families, who also founded Cava Group Inc., the Mediterranean fast-casual restaurant chain. The families have Greek heritage and launched the first Cava Mezze restaurant in 2008 in Rockville, Maryland (per the firm's IPO filings, 2023).
How is Cava Group structured as a family office?
Cava Group operates as a single-family office, meaning it manages the wealth of one family—in this case, the founding families of Cava Group Inc. It is not a multi-family office or registered investment advisor, and its activities are not publicly regulated or disclosed.
Does Cava Group invest in other restaurant chains?
There is no public information on Cava Group's specific investments. However, family offices of restaurant founders often invest in real estate, private equity, and venture capital, including other food and beverage concepts, but this remains speculative without official disclosure.
What is the relationship between Cava Group and Cava Group Inc.?
Cava Group the family office is separate from Cava Group Inc., the publicly traded restaurant company. The family office manages the personal wealth and investments of the founding families, while the public company operates the restaurant business. The families retain ownership stakes in Cava Group Inc. through their family office.
Where is Cava Group headquartered?
Cava Group is headquartered in Washington, DC, United States. This is the same city as the corporate headquarters of Cava Group Inc., reflecting the families' ties to the region.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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