Don Jr. Selling "Daddy" Capitalism

FT ran a story on 1789 Capital's massive increase in assets under management after adding Donald Trump Jr. as managing director.   Don Jr.'s private equity underwriter (PEU) set its sights on usurping the legendary Carlyle Group of Pennsylvania Avenue.

First it usurped Carlyle co-founder David Rubenstein's "patriotic philanthropy."  The Trumps are not givers so philanthropy had to go.  Good thing the Trump's boys fumbled around and found capitalism, which was always the PEU diversion for loading firms with debt, charging them deal/management fees and siphoning off millions in cash via recaps.  The PEU lobby is called the American Investment Council.  

Now, 1789 Capital is usurping Carlyle's legendary political connections.  FT reported:

Paul Abrahimzadeh, a 1789 Capital partner, said the goal was to reach $10 billion in the next few years, establishing the firm beyond the Trump era. 

He pitched the firm as a new Carlyle Group, the Washington-based investment firm known for its contacts in Washington and once nicknamed “the ex-president’s club” after previously counting George H.W. Bush and John Major as advisers.

Don Jr. sells political influence directly via the Executive Club in Washington, D.C.  

The Trump boys are schooling Hunter with their endless series of "Daddy Capitalism" ventures.  In addition to 1789 Capital the boys have Dominari Holdings and Yorkville Advisors.  Each has numerous SPACs dedicated to profiting from Trump II's gargantuan overspending.

I imagine 1789 Capital, Dominari and Yorkville will all be needed to manage Trump II's new $1.7 billion Cracker Reparations Fund for rioters and fraudsters.  

What would happen if AI were ever directed at his supporters' financial entanglements and tax compliance?  Trump II's Slush Fund could temper the pain with a direct cash injection.

Politicians Red have gone crazy over PEU and their new TechGod brethren.  Carlyle was at least bipartisan in its approach.  

Red Team candidates don't have to be PEUs or TechGods as long as they lick the Trump family's shoes and those of their major sponsors.   

Note:  The Carlyle Group was the impetus for PEUReport and the topic of my very first post in 2007.  This blog identified numerous PEU concerns over the years and hopes to continue doing same.

Update 5-19-26:  "Daddy" has his own version of executive capitalism going:

...the President, and most likely his sycophants, are day-trading stocks, and in some case blatantly front running their own statements.

You can't talk bad about insiders no matter how depraved those insiders act.  

 Jesus Sermon on the Mount was not delivered on a mound of money.  It had no sponsors or investors.  

All those earthly gains will not help greedy insiders when they depart this earthly plane.  That's because Mars sucks far more than Mar-a-Lago.  However, there is an eternity far worse than either.  And we will all be judged for our time here.