Affinity Partners

Affinity Partners
Company typePrivate
IndustryInvestment management
FoundedJuly 1, 2021 (2021-07-01) in Miami, United States
FounderJared Kushner
Headquarters,
Key people
Jared Kushner, Bret Pearlman and Asad Naqvi
ProductsInvestment fund
Number of employees
20 (2021)
Websiteaffinitypartners.com

Affinity Partners is an American investment firm, based in Miami, Florida. It was formed in 2021 by Jared Kushner, Donald Trump's son-in-law who also served as a senior advisor during Trump's presidency. The firm has a focus on investing in American and Israeli companies. Its sources of funding are overwhelmingly from the Saudi Arabian government.

Kushner's firm received commitments of more than $3 billion by the end of 2021 to invest in American and Israeli companies that are expanding in India, Africa, the Middle East and other parts of Asia. Investors include $2 billion from the Saudi government's sovereign wealth fund, Public Investment Fund, with Kushner stating that he hopes to open an "investment corridor between Saudi Arabia and Israel",[1][2] seen internationally as a "sign of warming ties between two historic rivals".[3] Officials who head the Public Investment Fund objected to investing in Kushner's firm, but Saudi ruler Mohammed bin Salman overruled those officials.[4]

The firm has a staff of approximately 20 people.[5]

  1. ^ Holland, Steve (December 23, 2021). "Jared Kushner investment firm Affinity raises $3 billion in committed funding". Reuters. Retrieved June 10, 2022.
  2. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  3. ^ Jones, Dion Nissenbaum and Rory (May 8, 2022). "WSJ News Exclusive | Jared Kushner's New Fund Plans to Invest Saudi Money in Israel". The Wall Street Journal. ISSN 0099-9660. Retrieved June 11, 2022.
  4. ^ Kirkpatrick, David D.; Kelly, Kate (April 10, 2022). "Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts". The New York Times. ISSN 0362-4331. Retrieved February 14, 2024.
  5. ^ Holland, Steve (December 23, 2021). "Jared Kushner investment firm Affinity raises $3 billion in committed funding". Reuters. Retrieved June 9, 2022.

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