"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'

"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit' The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era. Seamfor reviewed a slide deck from the headhunting firm Heidrick & Struggles that says DoW is seeking to stack EDU with bankers from Goldman Sachs, Morgan Stanley, JPMorgan, and Bank of America. The presentation pitches bankers a once-in-a-lifetime chance to "serve your country" and deploy "more capital than most investors deploy in their entire careers," as well as an opportunity to sell a large amount of stock tax-deferred. Seamfor noted that EDU will report to former Cerebrus alums David Lorch and George K. Kollitides II, the former Remington CEO who is now a partner at private equity firm Alvarez & Marsal Capital.  Heidrick & Struggles' deck also promises bankers "unmatched access to top-level government officials and privileged information flow—whatever you need, you can get." Finance influencer High Yield Harry published on X what he claims is the deck that headhunters sent to investment bankers. Intro Situation Background Situation Background The Mission The Investment Team Value Proposition Managing Director Candidates Vice President Candidates Associate Candidates The Trump administration has invested in a handful of companies critical to the survival of the US, from Intel to MP Materials to L3Harris Missile Solutions to USA Rare Earth, Trilogy Metals / Upper Kobuk Minerals Project, and soon a whole bunch of war unicorns (read here). Tyler Durden Sat, 03/14/2026 - 14:35