Episode Details

Leon Brujis, Partner and Co-Head of U.S. at 65 Equity Partners

Leon Brujis shares how his firm is redefining private equity through non-control investments in founder-led businesses. In this conversation, Leon breaks down why the best companies are never for sale, how immigrant adaptability translates to investing success, and why boring, disciplined deal-making consistently outperforms flashy transactions. He also walks through his framework for negotiating term sheets and building relationships that span years before cutting checks north of $200 million.

• Why non-control "partnership capital" allows PE firms to capture the alpha of founder-led companies that outperform by 3x
• How to structure competitive fundraising processes that balance relationship-building with deal tension—without talking to 60 firms
• The five-point framework for negotiating term sheets: value, structure, governance, strategy alignment, and exit planning

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