A recent New York Times story by Pentagon Reporter Eric Lipton highlighted The Chertoff Group’s private equity arm, MC² Security Fund. Lipton’s story provides a review of investors with a history of government service, who invest in defense technology startups. The full story and distinguished list can be found here.
“Chertoff Group/MC2 Security Fund: Michael Chertoff, former homeland security secretary (2009); Chad Sweet, former chief of staff at homeland security (2009); George Kovatch, former deputy comptroller, Defense Department (2021). (Mr. Sweet and Mr. Kovatch are among the few on this list who have formally registered as lobbyists while intervening with government officials on behalf of a company their firm has invested in.) Defense-related investments: ThayerMahan (submarine tactical equipment), Virtru (encrypted email).”
