Restaurateur and investor Sami Wasif, who previously owned a 55% stake in Hakkasan, has taken on the popular Clapham-based Thai concept Pepper Tree and is thought to be looking at rolling out the brand. Wasif, who is an investor in Franco Manca and David Page’s new Fulham Shore vehicle, has taken on the business, which is situated near Clapham Common, after founder Martin Burrell decided to retire. The Pepper Tree became famous after Rick Stein’s called it his favourite spot for Pad Thai. The co-founder of Hakkasan alsoowns Eco, the Mediterranean grill restaurant that is based on Clapham High Street. Davis Coffer Lyons acted on the deal.