Our mission is to deliver high-quality, destination-oriented restaurant, retail, and entertainment experiences to strategic, non-traditional locations with built-in foot traffic, captive customer bases, limited or no competition, and scalable growth opportunities across sizeable portfolios of similar venue types.

What We Do


Captive Group is a boutique operating and advisory firm in the real estate sector focused on strategic venues offering a valuable alternative to the high level of competition and expense associated with traditional development areas which have become overbuilt and over-retailed.

Operating Business


Our mission is to deliver high-quality, destination-oriented restaurant, retail, and entertainment experiences to strategic, non-traditional locations with built-in foot traffic, captive customer bases, limited or no competition, and scalable growth opportunities across sizeable portfolios of similar venue types.

Captive Business Units include:
  • Captive Eats
  • Captive Retail
  • Captive Entertainment

Advisory Business


Captive Group also provides specialized advisory services to a select group of best-in-category clients in order to generate cutting-edge internal and external growth initiatives through strategic partnerships with leading complementary businesses.

Meet the Team


Larry Siegel is a recognized leader and visionary in the shopping center industry.

Siegel is responsible for the development of more than three-dozen world-class retail and entertainment destinations in major markets across the USA, Canada, and Europe (35M+ square feet), including iconic properties like Sawgrass Mills, Vaughan Mills, Grapevine Mills, Opry Mills, and Madrid Xanadu.

He pioneered the modern-day outlet shopping experience at Western Development and then the Mills Corporation creating some of the first off-price centers in the USA and bringing the outlet shopping format into the 21st century.

Larry is also one of the first US developers to recognize the importance of experiential retail, blending retail and entertainment to create some of the most destination-oriented centers filled with megaplex theaters, themed restaurants and vibrant entertainment uses and attractions.

Siegel was responsible for launching and/or growing some of today’s most successful and relevant retails brands including Bass Pro Shops, IKEA, Saks OFF Fifth, Neiman Marcus Last Call, and others.

Bobby Azinian is a leading restaurant and franchise owner/operator with more than 30 years of experience.
Mr. Azinian has opened, managed, and sold hundreds of restaurants throughout his illustrious career.
Bobby operates a current portfolio of brands including Wahlburgers, Starbucks, Blaze Pizza, Sammy Hagar’s Cabo Wabo Cantina, Johnny Rockets, Fuddruckers, Doghaus, Jamba Juice, Ruby’s Diner, Green Crush, and many more.

One area of unique expertise is Azinian’s experience in the operation of captive restaurant locations, including current food and beverage outlets in casinos, amusement parks, military bases, and hospitals.

Evan Siegel is a seasoned dealmaker with experience in the entertainment, restaurant, and retail industries.

Evan started his career in the music industry coordinating college tours for up-and-coming musicians at the Sanctuary Group, then studied event operations at Washington DC’s illustrious 930 Club, and finally pioneered the VIP concert business at Bulldog Entertainment Group and Warner Music Group.

While at Bulldog / WMG, Siegel participated in the development of a first-of-its-kind luxury concert series in the Hamptons incorporating top talent (Prince, Billy Joel, James Taylor, Tom Petty), world-class dining (Nobu, Jeffrey Zakarian, Bobby Flay, Adam Perry Lang), and leading high-end brands (St. Regis Hotels, Zachys Fine Wine) for a small, elite and star-studded audience.

Siegel left the music industry to join his father Larry in their creation of Juno Management Partners (a leading retail and entertainment advisory company), the development of the best piece of underutilized real estate on the Las Vegas Strip, and eventually the creation of the Captive Group.

Throughout his career, Evan has thrived while forging creative strategic partnerships in traditional and non-traditional settings, including the creation of one-of-a-kind flagship store destinations, negotiating deals that led to top sales performing stores and restaurants, and the coordination of iconic, out-of-the-box branding and sponsorship opportunities.

Steve Yazeji has dedicated his career to raising the bar and transforming food and retail businesses.

As Director of Operations for CCA Foods, Steve manages nearly 30 well-known restaurant franchises with an entrepreneurial drive that has generated record revenue. Steve has built a growing portfolio of high-visibility brands with over $100 million in sales and 500 employees.

Steve’s focus on people, productivity, and profitability has delivered year-over-year growth and raised the profile of CCA Foods and its franchises. With expertise in operations and change management, Steve develops and implements strategies that reduce labor and food costs, drive revenue, and maximize profitability.

Steve is well-known for his passion for the industry and for his commitment to solving the most complex problems. Energized by working side-by-side with his employees, his hands-on, dedicated approach to leadership has roots in his childhood where he grew up on the frontline of his family’s retail business.

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Larry Siegel

Larry Siegel is a recognized leader and visionary in the shopping center industry.

Siegel is responsible for the development of more than three-dozen world-class retail and entertainment destinations in major markets across the USA, Canada, and Europe (35M+ square feet), including iconic properties like Sawgrass Mills, Vaughan Mills, Grapevine Mills, Opry Mills, and Madrid Xanadu.

He pioneered the modern-day outlet shopping experience at Western Development and then the Mills Corporation creating some of the first off-price centers in the USA and bringing the outlet shopping format into the 21st century.

×
Bobby Azinian

Bobby Azinian is a leading restaurant and franchise owner/operator with more than 30 years of experience.

Mr. Azinian has opened, managed, and sold hundreds of restaurants throughout his illustrious career.

Bobby operates a current portfolio of brands including Wahlburgers, Starbucks, Blaze Pizza, Sammy Hagar’s Cabo Wabo Cantina, Johnny Rockets, Fuddruckers, Doghaus, Jamba Juice, Ruby’s Diner, Green Crush, and many more.

One area of unique expertise is Azinian’s experience in the operation of captive restaurant locations, including current food and beverage outlets in casinos, amusement parks, military bases, and hospitals.

×
Evan Siegel

Evan Siegel is a seasoned dealmaker with experience in the entertainment, restaurant, and retail industries.

Evan started his career in the music industry coordinating college tours for up-and-coming musicians at the Sanctuary Group, then studied event operations at Washington DC’s illustrious 930 Club, and finally pioneered the VIP concert business at Bulldog Entertainment Group and Warner Music Group.

Siegel left the music industry to join his father Larry in their creation of Juno Management Partners (a leading retail and entertainment advisory company), the development of the best piece of underutilized real estate on the Las Vegas Strip, and eventually the creation of the Captive Group.

Throughout his career, Evan has thrived while forging creative strategic partnerships in traditional and non-traditional settings, including the creation of one-of-a-kind flagship store destinations, negotiating deals that led to top sales performing stores and restaurants, and the coordination of iconic, out-of-the-box branding and sponsorship opportunities.

×
Steve Yazeji

Steve Yazeji has dedicated his career to raising the bar and transforming food and retail businesses.

As Director of Operations for CCA Foods, Steve manages nearly 30 well-known restaurant franchises with an entrepreneurial drive that has generated record revenue. Steve has built a growing portfolio of high-visibility brands with over $100 million in sales and 500 employees.

Steve’s focus on people, productivity, and profitability has delivered year-over-year growth and raised the profile of CCA Foods and its franchises. With expertise in operations and change management, Steve develops and implements strategies that reduce labor and food costs, drive revenue, and maximize profitability.

Steve is well-known for his passion for the industry and for his commitment to solving the most complex problems. Energized by working side-by-side with his employees, his hands-on, dedicated approach to leadership has roots in his childhood where he grew up on the frontline of his family’s retail business.

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