Investment firm 1789 Capital, in which Donald Trump Jr. is a partner, is in talks to raise about $3 billion for its second growth fund, according to a person familiar with the matter. The funding effort is described as part of the firm’s effort to increase the size of its startup investments.
Bloomberg reports the talks as the firm prepares to launch a second growth vehicle, indicating interest in making larger bets on early-stage and growth-stage companies. Seeking Alpha similarly states that 1789 Capital is seeking $3 billion for its second fund, framing the effort as an expansion of its startup investment strategy. Neither source, in the provided text, specifies timelines, investor names, expected terms, or whether the fundraising goal has been reached.
