TCG Capital

Peter Chernin, Jesse Jacobs, and Mike Kerns serve as co-founders and managing partners with shared authority over TCG's investment strategy. Chernin brings the senior media relationships from his tenure as News Corp's President and COO. Jacobs and Kerns handle day-to-day deal execution from the Playa Vista and New York offices, according to the firm's public communications.

TCG's proprietary deal flow originates largely from Peter Chernin's four-decade entertainment-industry network. The firm is known for accessing consumer-tech and media deals through relationships rather than auction processes. Its dual presence in Los Angeles and New York positions it near content creators and the ad-tech ecosystem that supports them.

TCG operates as both. Through The Chernin Group, it acquired and operated controlling stakes in media properties like Crunchyroll and Barstool Sports, behaving more like a holding company. Alongside those controlled assets, the firm manages growth-stage funds that take minority positions in companies like Exploding Kittens and Surfline, which function like traditional venture capital.

Yes. TCG filed at least three crypto-focused limited partnerships — TCG Crypto-A, TCG Crypto-B, and TCG Crypto-C — expanding beyond its traditional media mandate into digital asset infrastructure, according to public records. The scope and specific investments within those vehicles remain undisclosed.

TCG Capital is independent of News Corporation. Peter Chernin left his role as President and COO of News Corp in 2009 after a 20-year career running the Fox film and television businesses. He founded TCG in 2010 with no ongoing News Corp affiliation, though his operating experience inside the Murdoch media machine heavily shapes the firm's investment thesis.

Peter Chernin is publicly associated with Malaria No More, the global health nonprofit. He also serves as co-chair of UC Berkeley's Board of Visitors, according to that institution's public records. The family office does not appear to maintain a standalone, branded philanthropic foundation.

The firm does not publicly disclose its limited partner base, and Peter Chernin's personal wealth is not a matter of public record. TCG's fund structures, including the co-investment vehicles filed in Delaware, suggest capital is raised from institutional and high-net-worth investors rather than operating solely as a single-family pool.