TCG

The Chernin Group (TCG) is an independent media and investment firm founded in 2010 by Peter Chernin, a veteran in the media industry. Based in Los Angeles, TCG specializes in private equity investments across various sectors, including digital media, commerce, marketplaces, sports, gaming, consumer finance, and health and wellness. The firm operates as a Registered Investment Adviser (RIA) and focuses on opportunities in both the United States and Europe. Additionally, TCG has a dedicated arm, TCG Crypto, which engages in investment activities within the cryptocurrency space.

Luke Beatty

Partner

Gregory Bettinelli

Partner

Greg Bettinelli

Partner

Stew Campbell

Partner

Stew Campbell

Partner

Steve Cousineau

Principal

Stephen Cousineau

Principal

Marco DeMeireles

Partner

Jarrod Dicker

Partner, Cryto

David Duxin

Associate

Sophie Fuji

Investor

Ida Girma

Investor

Gaby Goldberg

Investor

Olivia Greenberg

Investor

Jesse Jacobs

Co-Founder and Partner

Jesse Jacobs

Co-Founder and Partner

Karissa Jhangiani

Senior Associate

Max Kalman

Partner

Dhruv Kapoor

Investor

Mike Kerns

Co-Founder and Partner

Matthew Lloyd-Thomas

Vice President

Samuel Minkin

Investor

Jonathan Moore

Investor

William Ogden Moore

Investor

Jonathan Nirenberg

Investor

Jacob Smilovitz

Principal

Ellie Stein

Investor

Maureen Sullivan

Partner

Michaela Venuti

Vice President

Linus Walton

Vice President

Emily Xi

Investor

Past deals in Sports

Premier Lacrosse League

Series D in 2022
The Premier Lacrosse League (PLL) is a professional lacrosse organization in North America that aims to elevate the sport to a national stage through a tour-based model. By featuring top players and teams, the PLL seeks to engage fans and enhance the entertainment value of lacrosse. The league is recognized for its innovative approach, focusing on fan experience and accessibility, which positions it as a leader in promoting the fastest-growing sport in the country. Through its unique format and commitment to showcasing elite talent, the PLL is pioneering a new future for lacrosse.

The Action Network

Series B in 2019
The Action Network is a premium sports content and analytics platform that focuses on serving the sports betting audience. By developing a range of products and creating engaging content, the company aims to inform and entertain sports bettors. Through its offerings, The Action Network provides insights and analysis that help users make informed betting decisions, positioning itself as a valuable resource in the evolving landscape of sports media and wagering.

Premier Lacrosse League

Series A in 2019
The Premier Lacrosse League (PLL) is a professional lacrosse organization in North America that aims to elevate the sport to a national stage through a tour-based model. By featuring top players and teams, the PLL seeks to engage fans and enhance the entertainment value of lacrosse. The league is recognized for its innovative approach, focusing on fan experience and accessibility, which positions it as a leader in promoting the fastest-growing sport in the country. Through its unique format and commitment to showcasing elite talent, the PLL is pioneering a new future for lacrosse.

The Action Network

Series A in 2019
The Action Network is a premium sports content and analytics platform that focuses on serving the sports betting audience. By developing a range of products and creating engaging content, the company aims to inform and entertain sports bettors. Through its offerings, The Action Network provides insights and analysis that help users make informed betting decisions, positioning itself as a valuable resource in the evolving landscape of sports media and wagering.

The Athletic

Series C in 2018
The Athletic Media Company is an online sports media publisher that specializes in providing in-depth coverage of local and national sports for fans in North America. Founded in 2015 and headquartered in San Francisco, California, The Athletic offers a subscription-based platform that features articles, podcasts, and videos focused on various sports, including basketball and football. The company is dedicated to delivering authentic sports news free from advertisements and pop-ups, allowing users to engage with quality content produced by skilled local and national sports journalists. Through its platform, The Athletic connects sports fans with comprehensive information and updates about their favorite teams and athletes.
Operator of a professional American football league designed to entertain the audience. The company's league consists of eight teams of fifty-men each competing in ten matches which are also streamed live on the application, enabling players to have a post-football career with comprehensive bonus and the fans to enjoy the game live.

The Athletic

Series B in 2018
The Athletic Media Company is an online sports media publisher that specializes in providing in-depth coverage of local and national sports for fans in North America. Founded in 2015 and headquartered in San Francisco, California, The Athletic offers a subscription-based platform that features articles, podcasts, and videos focused on various sports, including basketball and football. The company is dedicated to delivering authentic sports news free from advertisements and pop-ups, allowing users to engage with quality content produced by skilled local and national sports journalists. Through its platform, The Athletic connects sports fans with comprehensive information and updates about their favorite teams and athletes.

Barstool Sports

Venture Round in 2018
Barstool Sports, Inc. is a digital media company that specializes in sports, entertainment, and pop culture content. Founded in 2003 by David Portnoy, it operates a popular sports blogging website where users can share and engage with sports-related articles. The company reaches a highly engaged audience through various platforms, including apps, podcasts, video, and social media. In addition to its content offerings, Barstool Sports sells a range of branded merchandise, such as clothing and accessories for men and women, through its online store. Headquartered in New York, Barstool Sports serves as a subsidiary of The Chernin Group, LLC.

The Athletic

Series A in 2017
The Athletic Media Company is an online sports media publisher that specializes in providing in-depth coverage of local and national sports for fans in North America. Founded in 2015 and headquartered in San Francisco, California, The Athletic offers a subscription-based platform that features articles, podcasts, and videos focused on various sports, including basketball and football. The company is dedicated to delivering authentic sports news free from advertisements and pop-ups, allowing users to engage with quality content produced by skilled local and national sports journalists. Through its platform, The Athletic connects sports fans with comprehensive information and updates about their favorite teams and athletes.

Barstool Sports

Acquisition in 2016
Barstool Sports, Inc. is a digital media company that specializes in sports, entertainment, and pop culture content. Founded in 2003 by David Portnoy, it operates a popular sports blogging website where users can share and engage with sports-related articles. The company reaches a highly engaged audience through various platforms, including apps, podcasts, video, and social media. In addition to its content offerings, Barstool Sports sells a range of branded merchandise, such as clothing and accessories for men and women, through its online store. Headquartered in New York, Barstool Sports serves as a subsidiary of The Chernin Group, LLC.

DRAFT

Series A in 2015
DRAFT is a daily fantasy sports company that offers a streamlined approach to fantasy gaming. Unlike traditional salary cap formats, DRAFT allows players to engage in quick drafts that mimic those of season-long leagues, completing their teams in just minutes for one-day or weekly contests. This platform emphasizes simplicity and fairness, aiming to enhance the gaming experience by providing better odds of winning compared to other major competitors. DRAFT specializes in head-to-head matchups in sports such as basketball and hockey, enabling players to form five-player teams and receive immediate cash payouts. The company is supported by notable investors, including Upfront Ventures and The Chernin Group.
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