TSG racks up $6bn for ninth fund

The fund will primarily invest in high-growth consumer companies with revenues between approximately $100 million and $1 billion.

  • TSG9’s limited partners include leading institutions, family offices, pension plans, sovereign wealth funds, and endowments and foundations
  • Ropes & Gray LLP served as fund counsel for TSG9
  • Founded in 1986, TSG Consumer Partners has approximately $20 billion in assets under management

TSG Consumer Partners has closed its ninth fund at $6 billion, beating its $5 billion target.

The fund will primarily invest in high-growth consumer companies with revenues between approximately $100 million and $1 billion.

TSG9’s limited partners include leading institutions, family offices, pension plans, sovereign wealth funds, and endowments and foundations.

“We are grateful for the support and confidence from our long-standing investors as well as our new limited partners,” said Chuck Esserman, CEO and founder of TSG Consumer Partners in a statement. “We see continued and significant investment opportunities in the market as we focus on higher-growth businesses that address consumer needs in innovative ways. Our investment team and operating group are equipped to add substantial value post-investment as we work to support our management teams and maximize equity returns.”

Ropes & Gray LLP served as fund counsel for TSG9.

Founded in 1986, TSG Consumer Partners has approximately $20 billion in assets under management.