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: Fund Profile, Track Record, and the SEC Issue Every LP Should Know
According to TZP Capital Partners IV's SEC Form D, the fund had raised approximately $112.95M as of April 2026 — a figure well below the $565M that TZP Capital Partners III closed at back in 2017. Tha
Jeff Barnes, MBA··11 min read