Affinity Partners
Affinity Partners is an American investment firm, based in Miami, Florida. It was formed in summer 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 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", seen internationally as a "sign of warming ties between two historic rivals". Officials who head the Public Investment Fund objected to investing in Kushner's firm, but Saudi ruler Mohammed bin Salman overruled those officials.
The firm has a staff of approximately 20 people, including private equity veterans Bret Pearlman and Asad Naqvi.