Michael Flynn returns to private equity consulting
Saul Loeb / Pool Photo via AP
Donald Trump's former National Security Advisor Michael Flynn has returned to the business of consulting private equity firms, having formed a new shop called Resilient Patriot, per an AP interview with Flynn's brother.
- Prior to his short-lived role in the Trump Administration, Flynn consulted for private equity firm Francisco Partners – owner of Procera Networks, which was controversial for its work with the Turkish government.
- Flynn also was a paid advisor for Francisco portfolio company NSO Group, an Israeli cybersecurity company whose software was used by the Mexican government to spy on journalists and anti-corruption advocates. This past weekend there was an Israeli media report that The Blackstone Group is in talks to buy a 40% stake in NSO, while ClearSky would purchase another 10%.
- No word yet on Flynn's current clients. Spokespeople for both Blackstone and Francisco say he is not currently consulting for them.