Investing

Hollywood Producer Behind ‘The Dark Knight’ Seeks $5 Billion for New Fund

Investments to target defense, AI, biotech, cyber, space
Fund aims to enhance US strategic advantage vs. China

Thomas Tull
Photographer: Gonzalo Marroquin/Patrick McMullan/Getty Images

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By Sonali Basak

September 14, 2022 at 12:00 PM UTC

This article is for subscribers only.

Thomas Tull, the billionaire who started the production studio behind “The Dark Knight” and “Dune,” is raising money for a private investment fund that will count a unit of Guggenheim Partners among its biggest backers.

The US Innovative Technology Fund is seeking $3 billion to $5 billion to invest in companies catering to the defense industry and the commercial sector, according to a fundraising document seen by Bloomberg.