Private equity firm with Trump family ties expected to buy minority stake in Giants [View all]

San Francisco Chronicle / April 24, 2026

Thrive Eternal purchased a minority stake in the team, founder Joshua Kushner announced on Friday. Thrive Eternal is part of the New York-based venture capital firm Thrive Capital.

Kushner, brother to President Donald Trump’s son-in-law Jared Kushner, announced the partnership with the Giants as the group’s first, adding in a statement on X that the firm was expanding to invest in “assets with qualities that cannot be replicated by technology.”

“Our first partnership is expected to be with the San Francisco Giants,” Kushner wrote on X. “An institution built on more than a century of shared identity and community, and among the most iconic sports franchises in America. We have reached an agreement, subject to league approval, to acquire an ownership stake. We feel privileged by the opportunity to be long-term partners to the Giants.”

The Giants ownership group has been steadily taking on private equity groups since last year. Last March, the organization sold 10% of the team to Sixth Street, a San Francisco-based private equity firm.

https://www.sfchronicle.com/sports/giants/article/firm-trump-family-ties-likely-buy-minority-stake-22225011.php