Bloomberg, "Steven Mnuchin Fund Raises $2.5 Billion, Including From Saudi Arabia PIF"
Summary
Bloomberg article by Heather Perlberg and Sonali Basak, dated September 20, 2021, reporting that Steven Mnuchin has raised about $2.5 billion at his firm Liberty Strategic Capital for private equity investments, according to people familiar with the matter. The article says the fund will focus on tech and fintech and that most of the money is from sovereign wealth funds in the Middle East, including Saudi Arabia's Public Investment Fund. It describes Mnuchin as a movie producer and financier before being tapped as U.S. Treasury secretary for the Trump administration.
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- 2026-10-02
Archived web capture. Preserved source — captured from bloomberg.com; archived 2026-10-02.
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“Bloomberg, ‘Steven Mnuchin Fund Raises $2.5 Billion, Including From Saudi Arabia PIF.’”
Original at www.bloomberg.com. Archived at Pandemic Darlings on 2026-10-02, https://pandemicdarlings.com/source-documents/bloomberg-steven-mnuchin-fund-raises-2-5-billion-including-from-saudi-8de3f97b26/
, SHA-256 e9501ff433d85c1b45bce543fbb480a480d949e71832316da9adfac2dd0abd5b.Full text
Wealth Investing Trump Treasury Secretary Mnuchin Raises $2.5 Billion Fund - Mnuchin’s Liberty Strategic Capital to focus on tech, fintech - Investors include Saudi Arabia’s Public Investment Fund Steven Mnuchin Photographer: Greg Nash/The Hill/Bloomberg By Heather Perlberg and Sonali Basak September 20, 2021, 2:13 PM UTC Updated on September 20, 2021, 6:30 PM UTC Steven Mnuchin has started his next act with a multibillion-dollar fund for private equity investments. Mnuchin, a movie producer and financier before being tapped as U.S. Treasury secretary for the Trump administration, has raised about $2.5 billion at his firm Liberty Strategic Capital, according to people familiar with the matter. Most of the money is from sovereign wealth funds in the Middle East, including Saudi Arabia’s Public Investment Fund, said the people, who asked not to be named because the details are private.
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