Tcg Capital Management, Lp
SEC-registered
Private Fund Manager · Mid-sized ($1B–$10B)
CRD 298007
· SEC file 801-113853
· Playa Vista, CA
· www.linkedin.com
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ADV data as of Mar 26, 2026
- Regulatory AUM
- $2.6B
- Discretionary
- $2.6B
- Clients
- 13
- Avg AUM / client
- $204M
- Accounts
- 13
- Employees
- 27
AUM over time
$0
$3.0B
Jul 2018
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 13 | $2.6B | 100.0% |
Private funds (13)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Tcg 3.0 A, Lp | Private Equity Fund | Delaware | $634M | 254 |
| Tcg 3.0 B, Lp | Private Equity Fund | Delaware | $598M | 68 |
| Tcg 2.0 A, Lp | Private Equity Fund | Delaware | $573M | 77 |
| Tcg 2.0 B, Lp | Private Equity Fund | Delaware | $323M | 5 |
| Tcg Crypto A, Lp | Private Equity Fund | Delaware | $90.9M | 61 |
| Tcg 3.0 Lovevery, Lp | Private Equity Fund | Delaware | $75.0M | 3 |
| Tcg 3.0 Fuji Co Invest, Lp | Private Equity Fund | Delaware | $47.8M | 6 |
| Tcg 3.0 Co Invest, Lp | Private Equity Fund | Delaware | $19.8M | 1 |
| Tcg Crypto B, Lp | Private Equity Fund | Delaware | $8.9M | 20 |
| Tcg 2.0 Eiv Meateater, Llc | Private Equity Fund | Delaware | $530K | 7 |
| Tcg 2.0 Eiv Ek, Llc | Private Equity Fund | Delaware | $96.5K | 8 |
| Tcg 2.0 Eiv Zola, Llc | Private Equity Fund | Delaware | $96.0K | 10 |
| Tcg 3.0 Jogger Co Invest, Lp | Private Equity Fund | Delaware | $0 | 0 |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chernin, Megan, Brody | Trustee | Mar 1994 (32y) | GP / trustee / elected manager of Chernin Trust (indirect) | |
| Chernin, Peter, Allan | Managing Partner | Mar 1994 (32y) | Less than 5% | |
| Jacobs, Jesse, Arlo | Managing Partner | May 2017 (9y) | Less than 5% | |
| Jacobs, Joann, Murstein | Trustee | May 2017 (9y) | GP / trustee / elected manager of Jacobs Family Trust (indirect) | |
| Goldberg, Lauren, Ray | General Counsel & Chief Compliance Officer | Oct 2018 (8y) | Less than 5% | |
| Kerns, Mike, John | Managing Partner | Oct 2018 (8y) | ≈ 0% – 2.5% via Tcg Capital Management Gp, Llc | |
| Zyda, Christopher, John | Special Managing Member | Oct 2018 (8y) | GP / trustee / elected manager of P. Chernin 2018 Associates, Llc (indirect) | |
| Kerns, Fiona, Buckley | Trustee | May 2020 (6y) | GP / trustee / elected manager of Kerns Family Trust (indirect) | |
| Kamal, Mark, Samir | Chief Financial Officer | Aug 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Jacobs Family Tcg Holdings, Llc | Limited Partner | Jan 2019 | A | 25% – 50% |
| Kerns Family Trust | Limited Partner | Dec 2021 | A | 25% – 50% |
| Ce Parent, Lp | Limited Partner | Sep 2022 | A | 25% – 50% |
| Tcg Capital Management Gp, Llc | General Partner | Oct 2018 | A | Less than 5% |
| Jacobs Family Trust | Member | Jan 2019 | B | ≈ 12.5% – 37.5% via Jacobs Family Tcg Holdings, Llc |
| Chernin Trust | Limited Partner | Sep 2022 | B | ≈ 12.5% – 37.5% via Ce Parent, Lp |
| P. Chernin 2018 Associates, Llc | Limited Partner | Sep 2022 | B | ≈ 12.5% – 37.5% via Ce Parent, Lp |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Kerns, Mike, John: 25% – 50% of Tcg Capital Management Gp, Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Jacobs Family Trust: 50% – 75% of Jacobs Family Tcg Holdings, Llc × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
- Chernin Trust: 50% – 75% of Ce Parent, Lp × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
- P. Chernin 2018 Associates, Llc: 50% – 75% of Ce Parent, Lp × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (13, $2.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Tcg 3.0 A, Lp | Private Equity Fund | $634M | $500K | 254 |
| Tcg 3.0 B, Lp | Private Equity Fund | $598M | $500K | 68 |
| Tcg 2.0 A, Lp | Private Equity Fund | $573M | $500K | 77 |
| Tcg 2.0 B, Lp | Private Equity Fund | $323M | $500K | 5 |
| Tcg Crypto A, Lp | Private Equity Fund | $90.9M | $100K | 61 |
| Tcg 3.0 Lovevery, Lp | Private Equity Fund | $75.0M | $25.0M | 3 |
| Tcg 3.0 Fuji Co Invest, Lp | Private Equity Fund | $47.8M | $20.0K | 6 |
| Tcg 3.0 Co Invest, Lp | Private Equity Fund | $19.8M | $25.0M | 1 |
| Tcg Crypto B, Lp | Private Equity Fund | $8.9M | $100K | 20 |
| Tcg 2.0 Eiv Meateater, Llc | Private Equity Fund | $530K | $7.5K | 7 |
| Tcg 2.0 Eiv Ek, Llc | Private Equity Fund | $96.5K | $5.0K | 8 |
| Tcg 2.0 Eiv Zola, Llc | Private Equity Fund | $96.0K | $5.5K | 10 |
| Tcg 3.0 Jogger Co Invest, Lp | Private Equity Fund | $0 | $0 | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 3.86 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗