TCG Capital Management, LP
TCG Capital Management, LP (TCG or The Chernin Group) is a private equity investment firm headquartered in Los Angeles, California, United States. The firm was founded in 2010 by Peter Chernin and Jesse Jacobs, with Mike Kerns joining as a third co-founder in 2015. It focuses on private equity investments within the media, entertainment, technology, sports, consumer, and digital media sectors. With approximately 40 employees as of 2025, TCG serves institutional and high-net-worth investors, partnering with founders and management teams in culturally influential industries.
Investment Strategy
TCG invests in platforms and brands that shape culture, with a distinct focus on media, technology, sports, entertainment, and consumer sectors. The firm seeks out companies and brands with strong direct relationships to their audiences—such as digital communities and subscription models—and aims to identify lasting cultural movements that drive new business models. TCG partners with entrepreneurs and management teams, providing not just capital but also strategic guidance, recruitment support, and industry connections to help scale and grow their portfolio companies. The firm targets influential high-growth businesses and often takes hands-on roles with their investments to amplify impact.
Top Holdings
Equity Positions (1)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FNKO | FUNKO INC | 100.00% | $59.6M | 12,520,559 | $10.91 | $4.76 | -$26.3M |