From Founder & CEO to Chairman:

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Thursday, January 14, 2021




12:00 p.m. - 1:00 p.m. (CT)

10a PT | 11a MT | 1p ET

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We invite you to join us for a virtual conversation with the legendary Larry Levy – one of the biggest names in the food service industry. After co-founding Levy Restaurants with his brother Mark in 1978, Larry Levy successfully grew the company from a small Chicago delicatessen into the country’s largest sports entertainment catering company. With more than $1 billion in yearly revenue, Levy Restaurants’ more than 50,000 employees provide food services to sports stadiums, concert arenas and entertainment venues from Wrigley Field to Walt Disney World. In 2006, Larry sold his entire company to the UK-based Compass Group PLC, the world’s largest food-service company. Today, Larry acts as Chairman Emeritus of Levy Restaurants – which retained its name after the Compass purchase largely due to the stellar reputation of the company in the United States.

Our conversation, led by Cresset’s Senior Partner, General Counsel Bill Rudnick, will take us on a journey from Larry’s early days at his Chicago deli to where he sits today at the helm of a giant in the food service industry and leader in real estate development, co-founding Diversified Real Estate Capital, which led to the launch of the Cresset Diversified partnership. We will discuss the mistakes and triumphs of Larry's career – and the many steps in between – that enabled him to turn a small company into a now international food industry behemoth while simultaneously launching a career in real estate development and investment. Larry will also share what he has learned as he transitioned from the role of Co-Founder and CEO to Chairman after he sold his company and the advice he’d give others contemplating that leap. Finally, we will talk about how Levy Restaurants is coping with the COVID-19 pandemic when so many of their partners and clients have been effectively and indefinitely shut down.

We hope you join us for what promises to be a fascinating and informative session with one of the country’s most impressive and insightful entrepreneurs and executives.

Submit questions live in our Q&A or send in advance to cressetevents@cressetcapital.com

We look forward to having you!

Lessons from Food Industry Legend

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Bill Rudnick serves on Cresset’s senior leadership team as Senior Partner, General Counsel. Bill began working with Cresset as outside counsel in 2017.

Bill has decades of experience counseling and representing entrepreneurial clients and advising on legal and business matters, including growth strategy, corporate and family governance, strategic planning, succession planning, and technology. Martindale-Hubbell has rated him AV, its highest ranking and he is also regularly named to The Best Lawyers in 

Larry is a serial entrepreneur who brings his value-added approach to his many various endeavors, developments, investments and philanthropy. 

LARRY LEVY

Co-Founder & Chairman Emeritus, Levy Restaurants

Managing Partner, Levy Family Partners

Chairman, Del Taco Restaurants, Inc.

Levy Restaurants - Founded in 1978, Larry built Levy Restaurants from a single delicatessen in Chicago into an internationally recognized specialized food service organization with the market leading share of sports and entertainment catering throughout North America and Europe and a network of acclaimed restaurants. Levy Restaurants disrupted sports concessions by providing restaurant quality dining and hospitality in sports and entertainment venues. Throughout the company’s 40-year history, Levy Restaurants has hosted and continues to cater marquee events such as the Kentucky Derby, Major League Baseball’s World Series, the All-Star Games of MLB, NHL & NBA, NFL’s Super Bowl, the GRAMMY Awards and the U.S. Open Tennis Tournament. Larry sold Levy Restaurants to the Compass Group of London in 2006, but remains Chairman Emeritus. 

Levy Family Partners (LFP) - Larry and two of his sons manage LFP’s portfolio of operating businesses, real estate and other investments. LFP owns significant stakes in the Esperanza Resort in Cabo San Lucas, Mexico, a portfolio of real estate assets, Del Taco Restaurants Inc. (NASDAQ:TACO), and Blaze Fast-Fire’d Pizza. 

Real Estate – Larry has had a simultaneous career in real estate development and investment. Major projects have included the recently completed River Point, a 1.1 million square foot office building in partnership with Hines and Ivanhoe Cambridge; Chicago Mercantile Exchange Center; One South Dearborn, in partnership with Hines; One Magnificent Mile; and Woodfield Lake Office Campus and the redevelopment of 321 North Clark - in all, more than 10 million square feet developed. In addition, LFP has interests in Cresset Diversified Real Estate Capital, the co-sponsor of the Cresset + Diversified QOZ Fund which has provided equity for major real estate projects. 

Awards and Recognition - Larry received the IFMA Gold Plate Award as Restaurateur of the Year in the United States and the Ivy Award, the restaurant industry’s Academy Award, for Spiaggia, Bistro 110 and Levy Restaurants. Larry and his wife Carol created and endowed the Levy Institute of Entrepreneurial Practice and the Levy Social Entrepreneur Lab at Kellogg Graduate School of Management at Northwestern University. He also received the 2001 Ernst & Young’s Master Entrepreneur of the Year Award and is the Sports Business Journal winner of the 2017 Champion of Sports Award. 

Boards – The Art Institute of Chicago, Kellogg Graduate School of Management, Lincoln Park Zoo, Northwestern Memorial Hospital and Northwestern University.

BILL RUDNICK

Senior Partner, General Counsel

LARRY LEVY

Co-Founder & Chairman of Levy Restaurants

America. In addition, Bill has received the Executive Leader Award from the Association of Fundraising Professionals, the Founder Award from the Greater Chicago Food Depository, and the Civic Leadership Award from Streetwise.

Bill dedicates much of his time to civic and charitable endeavors, and helps lead Cresset’s philanthropic initiatives. Bill has been active in food banking for three decades, chairing the boards of directors of The Greater Chicago Food Depository, Feeding America, and The Global FoodBanking Network, which he co-founded. Bill is a member of the Economic Club of Chicago and YPO Gold.

Bill received his BA, cum laude, in Philosophy from Tufts University; he received his JD from the Pritzker School of Law, Northwestern University; and he received his MBA, with honors, from the Booth School of Management, The University of Chicago.

Bill and his wife, Lisa, split their time between West Palm Beach and Chicago; they have five children.

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