TCG Crossover
TCG Crossover last closed a fund in June 2025 — 17 months ago. By its own rhythm, that is past halfway to the next one.
TCG Crossover has raised 3 times about every 27 months. The last was TCG Crossover Fund III, L.P. That points to Sep 2027.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 3
- Capital raised
- $2.90B
- Latest close
- June 2025
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| TCG Crossover Fund III, L.P. | June 2025 | $1.20B | 0002062644 ↗ |
| TCG Crossover Fund II, L.P. | April 2023 | $900M | 0001969281 ↗ |
| TCG Crossover Fund I, L.P. | January 2021 | $800M | 0001839940 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Chen Yu
What TCG Crossover invests in
- Typical fund
- $900M median, growth / large fund
- Website
- tcgcrossover.com
Service providers
- Fund administrator
- HC Global (3 funds)
- Auditor
- KPMG (3 funds)
From Form ADV filed by TCG CROSSOVER MANAGEMENT, LLC CRD 311718 ↗, latest filing May 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.