Disclosure certainty 4/5 debate potential 1/5

Behring: 3G LP base favors families and sovereigns over traditional institutions

Alex Behring · The Secretive PE Firm Behind Burger King, Tim Hortons, Skechers and Hunter Douglas (3G Capital) · Invest Like The Best · Feb 10, 2026 · at 9:17

Alex Behring, Co-Managing Partner at 3G Capital, breaks down the firm's capital structure and unique limited partner base compared to typical private equity funds.

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“Number two, the balance of the capital that's not ours is different from a traditional PE firm in the sense that that's a much higher component of high net worth individuals and families around the world. Some sovereigns also, but a very different LP base, and also the fact that we over the years have devised mechanisms that allow us to be invested for a long period of time.”

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