TCG Growth Opportunities Pulls Plug on $250M IPO

Cancelled

Consumer IT-focused TCG Growth Opportunities filed to withdraw a planned offering of 25 million units, initially registered with the SEC in March 2021.

Chairman Peter Chernin serves also as the chairman and CEO of TCG 1.0, which he co-founded in 2010, a partner of TCG, which he co-founded in 2018, and CEOI of Chernin Entertainment, which he founded in 2009. Previously, he was president and COO of News Corporation from 1996 to 2009.

Goldman Sachs and Morgan Stanley were tapped to manage the offering. Read more.

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