TSG8 L.P.’s $4 Billion Fundraising

Ropes & Gray advised TSG Consumer Partners on its eighth fund, TSG8 L.P. The fund, (including its parallel fund TSG8 Parallel L.P.) announced its successful final closing on Feb. 4 with $4 billion of limited partner capital commitments.

As with its prior fund, TSG8 was substantially oversubscribed.

The fund will primarily focus on high-growth consumer companies through equity investments between $200 million and $800 million.

TSG Consumer Partners is a private equity firm specializing in acquisitions, recapitalization, management buyouts, corporate divestitures of subsidiaries, divisions and product lines, growth capital transactions, and full or partial liquidity for entrepreneurs, family members, or passive investors of middle market companies. The Firm, led by Charles H. Esserman, James L. O’Hara and Jessica Duran is based in San Francisco.

Ropes & Gray advised TSG Consumer with a team including Debra Lussier (Picture) Paul Van Houten, tax partner James Brown, asset management associates Lindsay Rutishauser, Zakk Wedemeyer, Robert Rossi andKenneth Kaufman, tax associates Nathan Anderson, Kathryn Seevers and Alexa Voskerichian, corporate associates Marilyn Li,Anthony Lombardi and Jack Jessee, Jr., and paralegal Carolyn Ye.

Involved fees earner: Nathan Anderson – Ropes & Gray; James Brown – Ropes & Gray; Jack Jessee – Ropes & Gray; Kenneth Kaufman – Ropes & Gray; Marilyn Li – Ropes & Gray; Anthony Lombardi – Ropes & Gray; Debra Lussier – Ropes & Gray; Robert Rossi – Ropes & Gray; Lindsay Rutishauser – Ropes & Gray; Kathryn Seevers – Ropes & Gray; Paul Van Houten – Ropes & Gray; Alexa Voskerichian – Ropes & Gray; Zakkary Wedemeyer – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: TSG Consumer Partners;