Private equity firm TSG Consumer Partners appointed Drew Weilbacher as its new chief compliance officer.
Based in the San Francisco Bay Area, Weilbacher will be responsible for administering TSG’s global compliance and enterprise risk programs; will oversee the implementation of firm policies and procedures; and provide guidance regarding firm regulatory matters.
Weilbacher joins TSG from Promontory Financial Group, where he was co-head of the firm’s private fund practice. Previously, he served in a variety of roles at the Securities and Exchange Commission (SEC), including as a senior specialized examiner in the Division of Examinations. In this role, he led regulatory examinations of U.S. registered investment advisers and provided subject matter expertise in connection with private fund adviser examinations, SEC rulemaking, and enforcement matters.
He also was a founding member of the SEC’s Private Fund Unit, the agency’s first national specialized examination group dedicated to conducting examinations of advisers to private equity funds, hedge funds, and other types of private funds.
Weilbacher succeeds Jessica Duran, who will remain chief financial officer and managing director.