NRD Capital Management, a restaurant-focused private equity firm, has raised its second fund NRD Partners II LP at $104 million. The fund's closing comes as the restaurant sector is receiving strong investor interest.

NRD, based in Atlanta, was founded in 2014 by former Popeyes Louisiana Kitchen Inc. (Nasdaq: PLKI), Domino’s Pizza Inc. (NYSE: DPZ) and Checkers franchisee Aziz Hashim. In 2015, the PE firm took Frisch's Big Boy private and in 2016, NRD purchased a majority stake in Fuzzy's Taco Shop.

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