{"url":"https://nivawealth.com/firms/tsg-consumer-partners-160826","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160826","regulatoryAum":14258235677,"crd":"160826","secFileNumber":"801-74089","legalName":"TSG Consumer Partners LP","displayName":"TSG Consumer Partners","website":"http://www.tsgconsumer.com","linkedinUrl":"https://www.linkedin.com/company/tsg-consumer-partners/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"1100 Larkspur Landing Circle, Suite 360","city":"Larkspur","state":"CA","stateName":"California","country":"United States","postalCode":"94939"},"tradeNames":[],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":73,"advisory":36,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":14258235677,"discretionaryAccounts":18,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":22,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":18,"regulatoryAum":14258235677}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"TSG Consumer Partners has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jessica Duran","title":"Chief Financial Officer","crd":"6829804"},{"name":"Andrew Weilbacher","title":"Chief Compliance Officer","crd":"7424057"},{"name":"Charles Esserman","title":"CEO, Senior Managing Partner","crd":"6021678"},{"name":"Pierre Lecomte","title":"Managing Partner","crd":"6021692"},{"name":"Mary Mullin","title":"Senior Managing Partner","crd":"6021690"},{"name":"James O'Hara","title":"Senior Managing Partner","crd":"6021682"},{"name":"Sean Sullivan","title":"Chief Legal Officer","crd":"5923293"},{"name":"Colin Welch","title":"Managing Partner","crd":"3175112"}],"ownership":[{"label":"Pierre Lecomte","detail":"Managing partner in the 5% to 10% ownership band, since January 2009."},{"label":"Colin Welch","detail":"Managing partner in the 5% to 10% ownership band, since March 2016."},{"label":"TSG Advisor Midco LLC","detail":"Non-managing partner in the 50% to 75% ownership band and a control person, since December 2016."},{"label":"Mary Mullin","detail":"Indirect owner: a senior managing member of TSG Advisor Topco LLC in the 25% to 50% band and a control person, since January 2007.","parent":"TSG Advisor Topco LLC"},{"label":"Charles Esserman","detail":"Indirect owner: a senior managing member of TSG Advisor Topco LLC in the 25% to 50% band and a control person, since November 1987.","parent":"TSG Advisor Topco LLC"},{"label":"James O'Hara","detail":"Indirect owner: a senior managing member of TSG Advisor Topco LLC in the 25% to 50% band and a control person, since January 2001.","parent":"TSG Advisor Topco LLC"},{"label":"TSG Advisor Topco LLC","detail":"Indirect owner: a managing member of TSG Advisor Intermediateco LLC in the 50% to 75% band and a control person, since January 2020.","parent":"TSG Advisor Intermediateco LLC"},{"label":"TSG Advisor Intermediateco LLC","detail":"Indirect owner: a managing member of TSG Advisor Midco LLC in the 75% or more band and a control person, since January 2020.","parent":"TSG Advisor Midco LLC"},{"label":"Dyal Capital Partners IV Holdings (a) LP","detail":"Indirect owner: a non-managing member of TSG Advisor Intermediateco LLC in the 25% to 50% band and a control person, since January 2020.","parent":"TSG Advisor Intermediateco LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"7014 East Camelback Road","city":"Scottsdale"}]},{"state":"California","offices":1,"addresses":[{"street":"1100 Larkspur Landing Circle, Suite 360","city":"Larkspur","headquarters":true}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"4 Star Point","city":"Stamford"}]},{"state":"Nevada","offices":1,"addresses":[{"street":"1700 S. Pavilion Center Drive","city":"Las Vegas"}]},{"state":"New York","offices":1,"addresses":[{"street":"712 Fifth Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-217-2300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":18},"sources":{"adv1FilingDate":"30 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160826/PDF/160826.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does TSG Consumer Partners have?","answer":"TSG Consumer Partners has 18 clients and manages $14.3 billion for them, as of April 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TSG Consumer Partners offer?","answer":"TSG Consumer Partners provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does TSG Consumer Partners have?","answer":"TSG Consumer Partners has 0 investment adviser representatives registered with state securities authorities, out of 73 employees, and 36 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns TSG Consumer Partners?","answer":"TSG Consumer Partners is owned through a chain of holding companies by Mary Mullin, Charles Esserman, James O'Hara and Dyal Capital Partners IV Holdings (a) LP. Its direct owners are Pierre Lecomte (5% to 10%), Colin Welch (5% to 10%) and TSG Advisor Midco LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TSG Consumer Partners get paid?","answer":"TSG Consumer Partners is paid through a percentage of assets under management and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/tsg-consumer-partners-160826/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-10","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1910156/000119312526341182/0001193125-26-341182-index.html","totalValue":113983439,"positionCount":1,"top10Share":1,"top10":[{"issuer":"Dutch Bros Inc.","titleOfClass":"Class A Common Stock","cusip":"26701L100","value":113983439,"shares":1587292,"shareType":"SH","priorValue":115496999,"priorShares":2279846}],"positionsListed":1,"positions":[{"issuer":"Dutch Bros Inc.","titleOfClass":"Class A Common Stock","cusip":"26701L100","value":113983439,"shares":1587292,"shareType":"SH","priorValue":115496999,"priorShares":2279846}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}