Two best friends built a $3.5 BILLION private equity firm.
They acquired car washes, funeral homes & Burger Kings.
They just raised $1.2 BILLION in just 4 months.
Here are the secrets and how they did it 🧵
1. Matt is son of Ronald Perelman ($1.6B): https://www.forbes.com/profile/ronald-perelman/
2. Alex is son of Alexander Sloane, owner of A.J. Sloane Capital hedge fund
That's it.
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The story by WSJ is even more fun though: https://www.wsj.com/finance/investing/meet-the-best-friends-who-are-private-equitys-newest-young-stars-401214d5
Two 26-year-old casually purchased 26 Burger Kings, "improved operations, and scaled aggressively".
Ah! Yeah, the improved operations is the key! How could I not understand that?!
Who do they take us for? 🤦🏻♂️
