Robert F. Kennedy Jr., with his son Finn behind him, spoke during a rally in Aurora, Colorado on May 19, 2024.
'These People Are Shameless': RFK Jr.'s Son Launches Healthcare Investment Fund
"The festering swamp of corruption and self-dealing surrounding the Trump White House just got even deeper."
US Health and Human Services Secretary Robert F. Kennedy Jr.'s son, Finn Kennedy, is reportedly seeking to raise $100 million for a new healthcare industry investment fund that will seek to capitalize on "policy initiatives in government"—including RFK Jr.'s so-called Make America Healthy Again agenda.
The Financial Times reported Friday that Finn Kennedy's fund, Victura Ventures, has already secured roughly $70 million in commitments. The fund is "targeting early-stage growth companies involved in healthcare AI, consumer health, and other health technologies," FT reported, citing an offering document.
"Kennedy’s foray into healthcare investing marks the latest example of the cozy relationship between the Trump administration and close associates who have sought to capitalize on it," the newspaper added. "Sons of President Donald Trump and Commerce Secretary Howard Lutnick have invested in cryptocurrency businesses as Trump has promoted alternative currencies. Donald Trump Jr. has joined the board of 1789 Capital, a fund founded by pro-Trump donors in 2023. At least four of 1789’s portfolio companies have won contracts from the Trump administration. 1789 has also invested in big government contractors, such as Anduril and Elon Musk’s SpaceX."
Additionally, as Common Dreams reported on Thursday, Eric Trump appeared on Fox Business to brag about a $24 million Pentagon contract secured by Foundation Future Industries, where the president's son serves as chief strategy adviser.
"These people are shameless," journalist Doug Henwood wrote in response to the reporting on Finn Kennedy's new fund.
The advocacy group Protect Our Care said the FT reporting and a Friday story in The New York Times—which detailed how a top Kennedy aide "was advising on changes to the American health system while running a rapidly growing wellness company poised to benefit from Trump administration health policies"—show that "the festering swamp of corruption and self-dealing surrounding the Trump White House just got even deeper."
According to the Times, Kennedy aide Calley Means "held between $25 million and $50 million in stock in the company, Truemed, through November, as he continued to serve as its president."
"For months, Mr. Means has ignored questions from Democrats in Congress about his finances, including the extent of his stake in Truemed, and how they related to federal policy," the Times added.
Kayla Hancock, the director of Protect Our Care’s Public Health Project, said in a statement Friday that "it’s perhaps easy for RFK Jr. to look at Donald Trump and Commerce Secretary Lutnick blatantly abuse the power of the White House to enrich themselves, family members, and big donors, and say, ‘Why not me?’"
"Kennedy claims he’s following ethics rules, but why did he keep the barn door open for his son and close associates to profit off his policy decisions?" asked Hancock. "It follows a corrupt pattern of Trump administration officials exploiting loopholes to steer money into their family and friends’ pockets at the same time they rip away healthcare from millions of Americans and push policies that hike costs on everything from insurance premiums, gas, to groceries.”
An Urgent Message From Our Co-Founder
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
US Health and Human Services Secretary Robert F. Kennedy Jr.'s son, Finn Kennedy, is reportedly seeking to raise $100 million for a new healthcare industry investment fund that will seek to capitalize on "policy initiatives in government"—including RFK Jr.'s so-called Make America Healthy Again agenda.
The Financial Times reported Friday that Finn Kennedy's fund, Victura Ventures, has already secured roughly $70 million in commitments. The fund is "targeting early-stage growth companies involved in healthcare AI, consumer health, and other health technologies," FT reported, citing an offering document.
"Kennedy’s foray into healthcare investing marks the latest example of the cozy relationship between the Trump administration and close associates who have sought to capitalize on it," the newspaper added. "Sons of President Donald Trump and Commerce Secretary Howard Lutnick have invested in cryptocurrency businesses as Trump has promoted alternative currencies. Donald Trump Jr. has joined the board of 1789 Capital, a fund founded by pro-Trump donors in 2023. At least four of 1789’s portfolio companies have won contracts from the Trump administration. 1789 has also invested in big government contractors, such as Anduril and Elon Musk’s SpaceX."
Additionally, as Common Dreams reported on Thursday, Eric Trump appeared on Fox Business to brag about a $24 million Pentagon contract secured by Foundation Future Industries, where the president's son serves as chief strategy adviser.
"These people are shameless," journalist Doug Henwood wrote in response to the reporting on Finn Kennedy's new fund.
The advocacy group Protect Our Care said the FT reporting and a Friday story in The New York Times—which detailed how a top Kennedy aide "was advising on changes to the American health system while running a rapidly growing wellness company poised to benefit from Trump administration health policies"—show that "the festering swamp of corruption and self-dealing surrounding the Trump White House just got even deeper."
According to the Times, Kennedy aide Calley Means "held between $25 million and $50 million in stock in the company, Truemed, through November, as he continued to serve as its president."
"For months, Mr. Means has ignored questions from Democrats in Congress about his finances, including the extent of his stake in Truemed, and how they related to federal policy," the Times added.
Kayla Hancock, the director of Protect Our Care’s Public Health Project, said in a statement Friday that "it’s perhaps easy for RFK Jr. to look at Donald Trump and Commerce Secretary Lutnick blatantly abuse the power of the White House to enrich themselves, family members, and big donors, and say, ‘Why not me?’"
"Kennedy claims he’s following ethics rules, but why did he keep the barn door open for his son and close associates to profit off his policy decisions?" asked Hancock. "It follows a corrupt pattern of Trump administration officials exploiting loopholes to steer money into their family and friends’ pockets at the same time they rip away healthcare from millions of Americans and push policies that hike costs on everything from insurance premiums, gas, to groceries.”
US Health and Human Services Secretary Robert F. Kennedy Jr.'s son, Finn Kennedy, is reportedly seeking to raise $100 million for a new healthcare industry investment fund that will seek to capitalize on "policy initiatives in government"—including RFK Jr.'s so-called Make America Healthy Again agenda.
The Financial Times reported Friday that Finn Kennedy's fund, Victura Ventures, has already secured roughly $70 million in commitments. The fund is "targeting early-stage growth companies involved in healthcare AI, consumer health, and other health technologies," FT reported, citing an offering document.
"Kennedy’s foray into healthcare investing marks the latest example of the cozy relationship between the Trump administration and close associates who have sought to capitalize on it," the newspaper added. "Sons of President Donald Trump and Commerce Secretary Howard Lutnick have invested in cryptocurrency businesses as Trump has promoted alternative currencies. Donald Trump Jr. has joined the board of 1789 Capital, a fund founded by pro-Trump donors in 2023. At least four of 1789’s portfolio companies have won contracts from the Trump administration. 1789 has also invested in big government contractors, such as Anduril and Elon Musk’s SpaceX."
Additionally, as Common Dreams reported on Thursday, Eric Trump appeared on Fox Business to brag about a $24 million Pentagon contract secured by Foundation Future Industries, where the president's son serves as chief strategy adviser.
"These people are shameless," journalist Doug Henwood wrote in response to the reporting on Finn Kennedy's new fund.
The advocacy group Protect Our Care said the FT reporting and a Friday story in The New York Times—which detailed how a top Kennedy aide "was advising on changes to the American health system while running a rapidly growing wellness company poised to benefit from Trump administration health policies"—show that "the festering swamp of corruption and self-dealing surrounding the Trump White House just got even deeper."
According to the Times, Kennedy aide Calley Means "held between $25 million and $50 million in stock in the company, Truemed, through November, as he continued to serve as its president."
"For months, Mr. Means has ignored questions from Democrats in Congress about his finances, including the extent of his stake in Truemed, and how they related to federal policy," the Times added.
Kayla Hancock, the director of Protect Our Care’s Public Health Project, said in a statement Friday that "it’s perhaps easy for RFK Jr. to look at Donald Trump and Commerce Secretary Lutnick blatantly abuse the power of the White House to enrich themselves, family members, and big donors, and say, ‘Why not me?’"
"Kennedy claims he’s following ethics rules, but why did he keep the barn door open for his son and close associates to profit off his policy decisions?" asked Hancock. "It follows a corrupt pattern of Trump administration officials exploiting loopholes to steer money into their family and friends’ pockets at the same time they rip away healthcare from millions of Americans and push policies that hike costs on everything from insurance premiums, gas, to groceries.”