Asset Manager

Updated:

Savory Fund

Savory Fund is a people- and founder-focused investor in food and beverage operators and brands. The firm describes itself as operators at its core and invests...

Savory Fund

Savory Fund is a people- and founder-focused investor in food and beverage operators and brands. The firm describes itself as operators at its core and invests in operators before brands, properties, and growth. It partners with restaurant concepts across the industry and supports them with infrastructure, real estate, recruiting, and other platform capabilities.

General information

Firm type

Asset Manager

AUM

Over $750M in assets (per firm website)

Location

Region

North America

Country

United States

City

Lehi

Corporate office

Lehi, UT, United States

Principals

Andrew K. Smith

Managing Director & Co-founder

Shauna Smith

Managing Director & Co-founder

Clay Dover

CEO

Tyler Nelson

President

Sector focus

Restaurants & Food ServiceConsumerRestaurant Technology

Frequently asked questions

Who runs investment decisions at Savory Fund?

Andrew K. Smith, Shauna Smith, and the investment team — including Director Taylor DeHart, Principal Matt Durham, and Principal Rob Gardner — evaluate and execute deals. The firm's website states that its investment team is laser-focused on portfolio profitability, portability, and partnership alignment.

How does Savory Fund source proprietary deal flow?

Savory leverages founder relationships, its operational track record, and market scouting by a team with deep restaurant-industry networks. Its principals have collectively overseen 530+ restaurants across 27 states, which creates connectivity in the emerging-brand ecosystem. The firm also runs a dedicated investor and public relations function to amplify brand awareness and attract inbound opportunities from founders.

Does Savory Fund participate in fund commitments or only direct deals?

Savory executes direct, control-oriented equity investments in consumer-facing restaurant brands. The firm does not appear to commit to third-party funds or run a fund-of-funds program — capital is deployed directly into operating companies where it can embed its in-house management platform.

How is Savory Fund related to Four Foods Group?

Four Foods Group was the restaurant investment and management company founded by the Smiths. Savory Fund effectively institutionalized that earlier operating platform — many of Savory's senior leaders, including President Tyler Nelson, previously held roles at Four Foods Group, which generated over $140M in revenue before the transition.

Profile maintained by 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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