Kushner investment firm raises more than $3B: report
Jared Kushner’s new investment fund, Affinity Partners, has raised over $3 billion in committed funding from international investors, Reuters reported Thursday.
Kushner, a former top White House aide and the current husband of former President Trump’s daughter, Ivanka, launched the firm last summer.
He will continue to fundraise and look to finalize the $3 billion in commitments for the next few months, Reuters reported, citing a person familiar with the fundraising effort.
Kushner has reportedly been seeking out funding from Middle Eastern countries for Affinity Partners. According to the New York Times, leaders in the United Arab Emirates and Qatar were not interested in investing.
However, negotiations with Saudi Arabia’s Public Investment Fund were reportedly ongoing as of late November.
Kushner was heavily involved in Middle Eastern foreign policy during his time in the White House, helping broker deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco.
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