Alexandre behring, managing partner of brazilian private equity group 3g capital, will step down as part of the reshuffle. He does not appear on the forbes billionaires list. Mr behring is something of a queijo grande in his native brazil, a veteran private equity manager, and 3g is backed by some of the richest brazilian investors, not least the billionaire jorge. Alexandre behring da costa, cofounder at 3g capital partners. Books entertainment film and motion picture magazines. Alexandre behring, the 3g partner who is in charge of the firms daytoday operations, has remained closely involved in the fundraising effort, the blog said. Cochairman and board member of restaurant brands international since 3g capitals acquisition of burger king in october 2010 and following burger kings subsequent acquisition of tim hortons in december 2014. Current heinz ceo bernardo vieira hees will become its ceo. Alex behring cofounder, ceomanaging partner, and board member of 3g capital since late 2004. Alexandre behring da costa is a chairman at the kraft heinz co. See the complete profile on linkedin and discover alexs. Jun 25, 2015 alexandre behring da costa, 3gs managing partner, will chair the new kraft heinz co.
By 2010, alexandre behring had become 3gs managing partner. Filing sheds light on how kraft heinz arose by lindeman. Anheuserbusch inbev, restaurant brands international. He is set to become cochair as well after the deal closes. He is a cofounder and managing partner at 3g capital, executive chairman of restaurant brands international, a director of anheuserbusch inbev, as well as chairman of kraft heinz. Six years ago, 3g capital and berkshire hathaway began to build their. By 2010, alexandre behring had become 3g cultures managing partner. Download it once and read it on your kindle device, pc, phones or tablets. How the brazilian trio behind 3g capital jorge paulo lemann, marcel telles and beto sicupira acquired anheuserbusch, burger king and heinz kindle edition by correa, cristiane. Company profile for restaurant brands international inc. Sep 02, 2010 3g already has some experience in burgers and fries, having previously invested in wendys.
Alexandre behring da costa born 1967 is a brazilian businessman. The firm is best known for implementing zerobased budgeting at its portfolio companies. Behring was a south american railroad executive before going to work for 3g, a private investment firm that owns 4. Mar 30, 2019 3g capital partners lp is an sec registered investment adviser ria. Jul, 2015 the three kraft heinz board members from 3g capital are jorge paulo lemann age 75, alexandre behring age 48, and marcel herrmann telles age 65 have all served on the heinz board of directors since june 20. Behring then became the main negotiator behind the surprise deal to buy out burger king in late 2010. Alexandre behring is a cofounder and the managing partner of 3g capital, a multibilliondollar brazilborn, u. Chairman and board member of the kraft heinz company since berkshire hathaway and 3g. He is a cofounder and managing partner at 3g capital, executive chairman of restaurant.
Alexandre behring is ceofounding partnermng partner at 3g capital inc. Anheuserbusch inbev, restaurant brands international burger king, tim hortons, and popeyes louisiana. Mr behring, a partner at 3g, returned to unilevers headquarters on february 10. Buffett deputies join heinz board as lynnn swann departs. The company began in 1953 as instaburger king, a jacksonville, florida based restaurant chain. Use features like bookmarks, note taking and highlighting while reading dream big. Danielle behring alexandre behring da costa born 1967 is a brazilian businessman. Sep 03, 2010 the iconic burger king brand, its solid franchisee network and great product offerings make this a perfect fit for 3g capital, alexandre behring, 3gs managing partner, said in a statement. Alexandre behring, managing partner, 3g capital partners. How the brazilian trio behind 3g capital jorge paulo lemann, marcel telles and beto sicupira acquired anheuserbusch, burger king and heinz kindle edition. Buffett has said in the past that hostile takeovers are outside his. The firm has a strong history of generating value through operational excellence, board involvement, deep sector expertise and an extensive global network. Mar 25, 2015 behring, whose firm 3g capital acquired heinz in 20, will be chairman of the new company once the deal closes in the second half of 2015. He is on the board of directors at anheuserbusch inbev sanv, the tdl group corp.
Alex behring r, managing partner at 3g capital, listens to heinz chairman, president and ceo william r. Heinz chairman and 3g capital partner alexandre behring called mr. How leaks changed the game in a highprofile negotiation. Alexandre behring, who is the managing director of 3g capital ltd. And he said he would like to work with them on another big deal. Behring da costa was previously employed as a chairman by h. Over sandwiches, mr behring laid out his audacious plan. Alexandre behring da costa, cofounder at 3g capital. Alexandre behring da costa is cofounder at 3g capital partners ltd. This is a transcript of a financial times interview by email with alex behring, co founder and chief executive of 3g capital. This is a transcript of a financial times interview by email with alex behring, cofounder and chief executive of 3g capital. Alex behring reveals his investment philosophy financial. Mr behring is something of a queijo grande in his native brazil, a veteran private equity manager.
Barrington will replace olivier goudet, who has been chairman since 2015. Mr behring, a partner at 3g, returned to unilevers headquarters on february 10th. In a february 27, 2017 interview with cnbcs squawk box, buffett recounted that in recent months, he, 3gs lemann, and kraft heinz ceo alexandre behring a 3g cofounder privately agreed to make a friendly offer for unilever, as long as the company was open to it. Lemann is a founding partner of 3g capital 2004present and a director of anheuserbusch inbev 2004present. View alexandre behring da costas professional profile on relationship science, the database of decision makers. View alex behrings profile on linkedin, the worlds largest professional community. Alex behring reveals his investment philosophy financial times. Ab inbev shareholders get more smoke, less 3g breakingviews. Burger king said to be in talks with brazilian group the.
What 3g capital did to heinz will be playbook for kraft heinz. Feb 14, 20 the point person on the transaction for 3g, which houses its investment operations in new york, is alexandre behring. Johnson l during a news conference to announce that heinz has agreed to be bought by. Behring, managing director of 3g capital, said his decision was a consequence of the increased demands on his time associated with 3g capital s recent acquisition of burger king holdings. Cochairman and board member of restaurant brands international since 3g capital s acquisition of burger king in october 2010 and following burger kings subsequent acquisition of tim hortons in december 2014. The brazilians behind the heinz deal the new york times. Find all the books, read about the author, and more. He is a co founder and managing partner at 3g capital, executive chairman of restaurant. The investment firms point person on the deal is alexandre behring, the former chief executive of. Burger king, eften abbreviated as bk, is a global chain o hamburger fast fuid restaurants headquartered in unincorporated miamidade coonty, florida, united states. What 3g capital did to heinz will be playbook for kraft. With the author of a buffettpraised book on 3g capital. Carlos alberto da veiga sicupira, one of 3g capitals founders, will also step down, and be replaced by his daughter cecilia sicupira. On wednesday, 3gs managing partner, alex behring, sang the praises of mr.
Soon, 3g capital allied itself with the activist childens investment fund in 2008 to buy a chunk of the u. Among the names are tcis managing partner, christopher hohn, and 3g s managing director, alexandre behring. When 3g capital and berkshire hathaway arranged the food industry megamerger of kraft and heinz back in 2015, the newly formed kraft heinz was to serve as the latest testament to 3g s parsimonious approach to private equity, a style that involves slashing costs, major layoffs andin the past, at leastthe sort of returns that make investors giddy. The offer was made to unilever ceo paul polman by khc chairman alexandre behring, who was also cofounder and ceo of brazilianbased 3g capital 3g. Behring chairs kraft heinz and is cochairman of restaurant. Behring said the changes his company made at heinz will. The three kraft heinz board members from 3g capital are jorge paulo lemann age 75, alexandre behring age 48, and marcel herrmann telles age 65 have all served on the heinz board of directors since june 20. Lemann installed new management and the meritocratic culture from garantia. May 07, 2017 this is a transcript of a financial times interview by email with alex behring, cofounder and chief executive of 3g capital. Buy books, tools, case studies, and articles on leadership, strategy, innovation. Major cutbacks are likely coming for kraft and heinz. Csx corporation announces slate of directors for 2011 annual. Alexandre behring, managing partner at 3g capital, cofounded the railroad company in 1997 and served as its ceo from 1998 to 2004.
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