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Trump sons back $1bn vehicle targeting sectors championed by US president

Eric Trump and Donald Trump Jr invest in entity channelling money into companies in AI and drone sectors

Eric Trump and Donald Trump Jr have contributed to a $1bn war chest assembled by a New York brokerage that has poured money into US companies in industries that are being championed by the White House.

Donald Trump’s sons have invested in vehicles launched by a unit of Trump Tower-headquartered financial group Dominari Holdings called American Ventures, according to two people familiar with the matter.

Dominari told the FT that American Ventures’ investment thesis “is to target and invest in US-based leaders in new technologies that create American jobs and reduce US dependence on foreign resources”.

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