A federal probe of Donald Trump’s social media deal is putting a spotlight on Rocket One Capital, an obscure private equity firm with no obvious connection to the transaction beyond a board member, Bloomberg reports.
The Miami-based private equity firm is one of only two companies identified by name in a regulatory filing late last month by the Digital World Acquisition, the SPAC planning to take Trump’s company public. Digital World described investigations into that financing entity’s planned deal to fund Trump Media & Technology Group. A federal grand jury in the Southern District of New York seeks “information regarding” Rocket One, according to the filing, through subpoenas issued to each board member of Digital World. One of those board members was Bruce Garelick, Rocket One’s chief investment officer. Read more.
