Directed Inquiry
Question: Investigate Thiel Capital: Search parliamentary record for "House Financial Services Committee SPAC hearings March-June 2021 witness lists". Would confirm whether family office sponsors were systematically excluded from testimony during peak oversight period. Report any findings as factual claims with dates and evidence.
Date: 2026-04-08
Research Findings
My research confirmed that the House Financial Services Committee Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, chaired by Brad Sherman, held a virtual hearing on May 25, 2021 entitled 'Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections.' However, I could not locate the specific witness list for this hearing or any documentation showing that family office sponsors like Thiel Capital were systematically excluded from testimony during this peak SPAC oversight period.
While I confirmed that Thiel Capital operates as Peter Thiel's family office (founded 2011, based in West Hollywood) and functions as the venture capital arm of his family trust office Rivendell Trust, there is no evidence in the public record that Thiel Capital or other family office SPAC sponsors were invited to testify or deliberately excluded from the May 2021 hearing. The available sources indicate that witnesses focused on regulatory perspectives and academic analysis rather than industry participants, but the complete witness list and any exclusion rationale remain undocumented in publicly accessible records.
Data Collected
- Entities created: Brad Sherman, Maxine Waters, Bill Huizenga, Gary Gensler, Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, Brian Smith
- Facts recorded: 7
- Connections mapped: 4
- Web sources consulted: 30
Sources
- Hearings | U.S. House Committee on Financial Services
- Congressional Hearings | Govinfo
- House Financial Services Committee Hearings and Meetings Video | Congress.gov | Library of Congress
- Hearing Details - Joint Committee on Financial Services
- House Financial Services Committee | Congress.gov | Library of Congress
- Waters Opening Statement at Hearing on SPACs, Direct Listings, and Public Offerings | U.S. House Committee on Financial Services
- House Financial Services Committee - Summary from LegiStorm
- House Financial Services Committee to Hold Hearing on Housing Supply | National Low Income Housing Coalition
- House Committee Hearing Transcripts | Congress.gov | Library of Congress
- Congressional Chronicle - Members of Congress, Hearings and More | C-SPAN.org | C-SPAN.org
- SEC.gov | Testimony Before the Subcommittee on Financial Services and General Government, U.S. House Appropriations Committee
- The House hears about SPACs - Lexology
- Hearings | U.S. House Committee on Financial Services
- Waters Opening Statement at Hearing on SPACs, Direct Listings, and Public Offerings | U.S. House Committee on Financial Services
- Testimony by SEC Chair Gensler Before the Subcommittee on Financial Services and General Government
- House Financial Services Committee Hearings and Meetings Video | Congress.gov | Library of Congress
- House Financial Services Committee | Congress.gov | Library of Congress
- House Financial Services Committee Archives - SIFMA - SIFMA
- SEC.gov | Testimony Before the House Appropriations Subcommittee on Financial Services and General Government
- Testimony of Brian Smith, Deputy Assistant Secretary for Federal Finance, to the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets | U.S. Department of the Treasury
- Inside Peter Thiel's capital stack and family office - Andsimple.co
- Thiel Capital Management Family Office - Single Profile | Preqin
- Thiel Capital - Wikipedia
- Thiel Capital Peter Thiel Family Office | West Hollywood Single Family Office | Altss
- Thiel Capital Management | West Hollywood Single Family Office | Altss
- Thiel Capital - FAMILY OFFICE Profile, Portfolio & Investments | Premier Alternatives
- Thiel Capital Opens Miami Office
- Thiel Capital - Massinvestor Venture Capital and Private Equity Database
- Thiel Foundation - 2026 Investor Profile, Portfolio, Team & Investment Trends - Tracxn
- Thiel Capital