TSG Consumer Partners, a private equity firm, has promoted Drew Weilbacher to managing director.

Going forward, Weilbacher will continue to serve as chief compliance officer and oversee TSG’s global compliance and enterprise risk programs. In his time before joining TSG in 2021, Weilbacher served as co-head of the private fund practice with Promontory Financial Group and held a variety of roles with the Securities and Exchange Commission.

“Drew has been instrumental in implementing industry best practices across our compliance and risk management functions as well as our IT protocols and security,” said Jamie O’Hara, president of TSG. “He has also worked closely with many of our limited partners assisting with financial communications. We congratulate Drew on his much-deserved promotion and look forward to his continued contributions.”