TSG hires Deloitte partner for CFO role

TSG Consumer Partners appointed Wallace Wertsch as chief financial officer and chief compliance officer. 

Wertsch joins the firm’s San Francisco office after a 35 year stint at Big Four accounting and audit firm Deloitte, where he served as a senior partner in their tax practice. While there he helped perform due diligence, investment structuring, tax planning, and compliance-related services for a variety of private equity firms, including TSG since its inception in 1987, according to his biography on TSG’s website. 

The chief compliance officer role – which TSG is required to designate as a registered investment adviser with the Securities and Exchange Commission – previously fell on TSG president Jamie O'Hara, according to a regulatory filing submitted in March. 

TSG, which has some $2.9 billion assets under management, invests in food, beverage, restaurant, beauty, personal care, household and other consumer brand sectors. 

A spokesperson for TSG did not return a request for comment by press time.