Private Equity
TZP Group: The Lower-Middle-Market PE Firm That Got Caught Overcharging LPs (And What It Teaches Us)
In August 2025, the SEC ordered TZP Management Associates to repay $683,877 after it overcharged fund LPs on management fees for five years. A small number relative to $2.4B in assets. A loud signal a
Jeff Barnes, MBA··10 min read
Private Equity
TZP Group: Inside the Lower-Middle-Market PE Firm That Just Settled with the SEC
TL;DR TZP Group is a New York-based lower-middle-market PE firm with approximately $2.0 to $2.4 billion in AUM across buyout, growth equity, and SBIC debt strategies. In August 2025, the SEC...
Jeff Barnes, MBA··11 min read
Private Equity
TZP Group: The Lower-Middle-Market Firm That Sold AtData to Experian and Keeps Getting Invited Back
When Experian acquired AtData in February 2026, the deal closed quietly—no splashy press coverage, no announced purchase price. But for anyone tracking lower-middle-market private equity, the transaction carried a...
Jeff Barnes, MBA··10 min read