Affinity Partners acquires 8% stake in UK digital bank OakNorth
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Affinity Partners acquires 8% stake in UK digital bank OakNorth
Affinity Partners, the private equity firm founded by Jared Kushner, has acquired an 8% stake in UK-based digital bank OakNorth, according to a report by Reuters citing sources familiar with the matter. The investment was reportedly made through a secondary transaction involving an undisclosed existing shareholder. Financial terms of the deal have not been disclosed. Miami-based Affinity Partners, launched by Kushner in 2021, is backed by sovere…
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