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TVG Capital Partners
Tej Kohli's TVG Capital Partners deploys family capital from a payments exit into direct venture, real estate, and public equities from Richmond, Surrey.
TVG Capital Partners
TVG Capital Partners was established in 1998 by Tej Kohli, deploying capital generated from the sale of his payment processing company to a publicly traded Latin American acquirer. Kohli, who divides his time between the UK and continental Europe, structured the office to manage a multi-asset portfolio that reflects both his technology operating background and a long-term horizon typical of family capital. The firm operates out of Richmond, Surrey, and maintains a deliberately low public profile. The firm’s investment strategy spans direct venture capital, real estate, and public equities, with a pronounced concentration in deep technology. TVG invests primarily at the seed and early stage, targeting companies in artificial intelligence, robotics, digital health, and advanced mobility. Confirmed positions include Rewired, a robotics-focused venture studio, and ZUMI, an AI-driven autonomous vehicle startup. The office also participates in later-stage syndicates and follow-on rounds, though it does not market a formal fund structure. Geographically, deal flow concentrates on the UK, Western Europe, and Silicon Valley, with opportunistic exposure to Indian and Asian technology markets through the Kohli family’s parallel philanthropic and impact investing vehicles. Kohli runs TVG alongside the Tej Kohli Foundation, which operates a distinct mandate focused on corneal blindness eradication and accessible healthcare in India and the developing world. The foundation has funded over 200,000 corneal transplants and maintains a separate investment allocation that includes impact-driven biotechnology and healthcare services companies. The professional team size remains undisclosed. In May 2022, Kohli publicly committed to dedicating the majority of his wealth to philanthropic causes during his lifetime, joining the Giving Pledge (per the Giving Pledge, 2022), a move that signals a long-term governance structure designed to separate the family office’s for-profit investment activity from the foundation’s charitable mandate. The structural differentiator for TVG lies in its dual operating system: a for-profit family office running direct venture and real asset strategies alongside a high-volume, publicly visible foundation that shares the founder’s identity but not its investment committee. This architecture lets the office source deals through a technology network that overlaps with the foundation’s healthcare and biotech relationships, yet the two entities maintain separate balance sheets and decision-making processes. The arrangement creates a sourcing funnel few single-family offices replicate at scale.
General information
Firm type
Single Family Office
Year founded
1998
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Richmond
Corporate office
Richmond, Surrey, United Kingdom
Principals
Tej Kohli
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at TVG Capital Partners?
Tej Kohli makes all material investment decisions as the sole founder and principal. The firm does not publicly disclose an investment committee or outside CIO. Kohli’s technology operating background — he built and sold a payment processing company before founding TVG — informs the firm’s emphasis on deep-tech venture and direct investing rather than fund commitments.
How does TVG Capital Partners source proprietary deal flow?
Deal flow arrives through Kohli’s technology network, which spans Silicon Valley, the UK, and continental Europe. The firm’s parallel foundation — the Tej Kohli Foundation — operates in healthcare and biotech, creating an adjacent sourcing channel for medically focused startups. TVG does not market itself to GPs or attend traditional LP conference circuits, consistent with its single-family office structure.
Is TVG Capital Partners a single family office or does it invest outside capital?
TVG Capital Partners is a single-family office managing exclusively Tej Kohli’s capital. The firm has never raised external funds or accepted outside limited partners. A separate entity, the Tej Kohli Foundation, deploys philanthropic capital and impact investments, but it operates under an independent governance structure and does not commingle assets with TVG.
Does TVG participate in fund commitments or only direct deals?
The firm’s known posture is almost exclusively direct — direct venture equity, direct real estate acquisitions, and direct public securities positions. There is no public record of TVG making fund commitments to external managers or operating a fund-of-funds allocation, though the office does participate in syndicated venture rounds alongside other family offices and venture capital firms on a deal-by-deal basis.
What investment stages does TVG Capital Partners typically target?
TVG concentrates on seed and early-stage venture investments, with follow-on participation in later rounds where the firm holds existing positions. The real estate and public equity books are not stage-bounded in the same way — the firm acquires stabilized commercial and residential property and holds liquid public positions opportunistically rather than according to a venture-style stage framework.
How is TVG Capital Partners related to the Tej Kohli Foundation?
Both entities share the same founder, Tej Kohli, but operate with separate mandates, balance sheets, and governance. TVG Capital Partners is the for-profit family office; the Tej Kohli Foundation is a philanthropic and impact-investing vehicle focused on corneal blindness eradication and healthcare access. Kohli’s 2022 Giving Pledge commitment formalized the intention to channel the majority of his wealth through the foundation over time.
What is TVG Capital Partners' known posture on co-investments alongside external GPs?
TVG does co-invest alongside external venture capital firms and other family offices on a deal-specific basis, particularly in later-stage rounds for existing portfolio companies. The firm does not operate a formal co-investor club or membership network. Co-investment partners are selected opportunistically from Kohli’s technology and investment relationships rather than through a structured syndication program.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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