Affinity Partners
American investment firm / From Wikipedia, the free encyclopedia
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.
Company type | Private |
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Industry | Investment management |
Founded | July 1, 2021; 2 years ago (2021-07-01) in Miami, United States |
Founder | Jared Kushner |
Headquarters | , |
Key people | Jared Kushner, Bret Pearlman and Asad Naqvi |
Products | Investment fund |
Number of employees | 20 (2021) |
Website | affinitypartners |
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]