Kushner’s Affinity’s assets soar to $4.8 billion following infusion of Gulf funds
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Jared Kushner's investment company, Affinity Partners, experienced a significant 60% increase in assets under management last year, totaling $4.8 billion, as reported in a regulatory filing. This boost was attributed to a financial injection from Middle Eastern investors, including Qatar's sovereign wealth fund. Following his departure from the White House after serving as a key adviser on Middle Eastern affairs during President Trump's first term, Kushner established the investment firm in 2021. In 2024, Affinity secured an additional $1.5 billion in capital from existing investors, Abu Dhabi-based Lunate and Qatar's Qatar Investment Authority, as shared by Kushner during an investment podcast in December. This capital surge was completed prior to Trump's potential re-election, and Kushner stated that it would provide the fund with increased investment capability. The company's assets under management rose to $4.8 billion by the end of 2024, up from $3 billion the previous year, according to U.S. Securities and Exchange Commission filings under the company name A Fin Management LLC. The registered owner of the company is solely Jared Kushner. Congressional inquiries reveal that Saudi Arabia has invested $2 billion in Affinity Partners.

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