Consolidated Investment Group

Consolidated Investment Group

Consolidated Investment Group was established in 2003 by David Merage. The underlying wealth originated from the 2002 sale of Chef America, the Hot Pockets maker, to Nestlé for $2.6 billion. Paul Merage, David's brother and co-founder of Chef America, maintains related investment activities through MIG Capital. The firm allocates across real estate, public equities, and private equity. Real estate holdings include multifamily apartments, industrial parks such as EastPark 70 in Aurora, Colorado, and office buildings in New York, Boston, Washington DC, and Los Angeles. Public market activities involve equities and fund investments. Private equity targets growth-stage companies in the CPG food and beverage sector. Geographic exposure covers North America, Europe, Asia, and the Middle East. Confirmed positions include multiple residential portfolios in Texas, North Carolina, and Israel. The firm reports more than 22,000 multifamily units under management and over 70 properties total. David Merage participates in Tiger 21. Sabrina Merage Naim serves as VP of Corporate Strategy. The David and Laura Merage Foundation and the Sabrina Merage Foundation conduct separate philanthropic activities. No operational events from the last 24 months appear in available records. CIG maintains direct ownership of operating real estate assets alongside listed securities and private equity holdings. This structure allows the family to control physical properties while accessing public market liquidity and selective venture exposure through food and beverage platforms.