VANGUARD Investment Partners, a hedge fund and private equity firm founded by billionaire investor Peter Thiel, is hiring, and is partnering with the Trump administration to invest in public sector infrastructure projects, the firm said in a statement.
“We’re excited to be joining the Administration, and we are looking forward to working with the President and his team,” Vanguard CEO Peter Thiel said in the statement.
“We have been following President Trump’s policies on infrastructure and will continue to invest to support his administration.”
The company’s new investment partners include the Trump Administration’s Department of Infrastructure.
The White House has announced that it plans to invest $2.5 billion in infrastructure projects.
The announcement comes after several days of Trump bashing on Twitter.
Trump was accused of being anti-business, and after several weeks of criticism, he decided to pull the US out of the Paris Climate Agreement.
The agreement was negotiated by former President Barack Obama, but his administration decided to withdraw.
Trump has also expressed support for tax cuts for the wealthy and corporations.
The President has also been criticized for not being more transparent about his tax returns.