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Kushner’s Affinity’s assets jump to $4.8 billion after Gulf cash injection

Summary
Jared Kushner's investment company Affinity Partners saw assets under management jump 60% last year to $4.8 billion, according to a regulatory filing, after it received a cash injection from Middle East investors including Qatar's sovereign wealth fund. Kushner, son-in-law of U.S. President Donald Trump, launched the investment firm in 2021 after leaving the White House at the end of President Donald Trump's first term, when he was a top adviser on the Middle East.

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The assets under management of Affinity Partners, Jared Kushner's investment firm, grew from $3 billion in 2024 to $4.8 billion, driven by new funds from the Middle East and the performance of its investments, according to a new report.The commitments of Lunate, an asset manager based in Abu Dhabi, and the Qatar Investment Authority (QIA), which Bloomberg News reported in December, represented $1.5 billion of the increase revealed on Thursday in…

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Bloomberg broke the news in United States on Friday, March 28, 2025.
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