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Trump Media Probe Seeks Information on Obscure Private Equity Firm

  • Grand jury subpoena names Rocket One Capital, filing says
  • No allegation of wrongdoing against Miami-based company
Donald Trump
Donald TrumpPhotographer: Kevin Dietsch/UPI/Bloomberg

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.

The Miami-based private equity firm is one of only two companies identified by name in a regulatory filing late last month by Digital World Acquisition Corp., which described investigations into that financing entity’s planned deal to fund Trump Media & Technology Group Corp. 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.