Further Evidence Emerges the Saudis Did Not Pay Jared Kushner Billions Because They Thought He Was an Investing Genius

  • 📰 VanityFair
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 55%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

It would appear that it wasn’t Jared Kushner’s investing prowess that got Saudi Arabia’s sovereign wealth fund to invest $2 billion in his private equity firm. Read the latest from besslevin.

had paid off, literally, when the country’s sovereign wealth fund gave him $2 billion for his newly formed private equity firm, Affinity Partners.

Why else do we suspect the $2 billion was more of a reward than it was about Kushner being an actually worthwhile investment? In addition to the due diligence panel’s reservations, there’s also the matter of Affinity’s pitch deck, which was recentlyby The Intercept. The pitch deck manages to simultaneously demonstrate almost no investment expertise or thesis while brazenly suggesting would-be investors would benefit from the firm’s influence peddling after writing Jared a check.

Not surprisingly, a source told The Intercept that numerous investors approached by Affinity were not impressed by the pitch and were shocked at “how cavalierly it seemed to suggest influence peddling.” These investors reportedly said, as the source recalled, “they’d never seen such a joke of a deck, openly talking about ‘networking’ and ‘networks’—i.e., our corrupt insider contacts. ...They’re bragging about ‘networks,’ they’re using cliches, with no serious investment discussion.

A spokesperson for Kushner insisted that there was nothing inappropriate about the deck, telling The Intercept: “Jared was very successful in the private sector before he entered government, achieved great success in government, and many are confident he will enjoy continued success in his new venture. Jared’s track record in government was unprecedented. His leadership and efforts led to the historic Abraham Accords, the [U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

besslevin Duh. Thanks Captain Obvious.

joncoopertweets besslevin Duh.

besslevin

joncoopertweets besslevin But.. but, Hunter Biden’s laptop! 🙄

gtconway3d besslevin Man. Woman. Person. Camera. TV.

gtconway3d besslevin Ha! He is and was their paid wh$re. So naive. Wait till he fails to deliver the next election to MbS. I would hire a food taster if I was Slenderman.

UROCKlive1 besslevin NepotismKen belongs in jail.

besslevin Kushner invested his family fortune in an obsolete 5th avenue office tower at the height of the real estate bubble. He's an awful investor. But for a politically connected bailout, the family would have already been ruined.

besslevin Sleeze

gtconway3d besslevin 😂 Surprised ?

gtconway3d besslevin lifeless eyes but waxed eyebrows

gtconway3d besslevin Can you imagine the GOP outrage if Hunter made a 2 billion dollar deal while working in the WHITE HOUSE?

gtconway3d besslevin 'His firm’s very embarrassing pitch deck suggests it was more about the whole letting-them-get-away-with-murder business.' (Bess Levin).

besslevin He's Dorian Grey! No one else seems to make this connection. I'm sure there is a portrait of him in an attic that is rotting away, like his soul.

besslevin Read this! Follow besslevin The Republicans are generating a lot of meaningless or stupid distractions! Ignore all the BS they’re creating to keep you distracted from what’s really going on and should know about.

besslevin But for Hunter we have a whole laptop as evidence and yet Vanity Fair is silent? How convenient .... You can't stop what's coming ... RedWave

Martina besslevin The guy’s a ghoul.

djrothkopf besslevin Not surprised in the least.

besslevin I mean, unless he lost a laptop full of emails detailing his family’s international influence peddling business... ...I’m just not all that impressed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 391. in BUSİNESS

Business Business Latest News, Business Business Headlines