Jared Kushner’s investment firm raises $4b in committed funding

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Mr Kushner, a former top aide to former US president Donald Trump who is married to his daughter, Ivanka, formed the Miami-based Affinity Partners this year.

’s global investment firm, Affinity Partners, has raised more than $US3 billion in committed funding from international investors, a person familiar with the fund-raising effort told Reuters on Thursday, US time.

Mr Kushner’s firm has received commitments of more than $US3 billion, the source said, adding that he expects to continue fund-raising efforts for the next few months to close these and add potential additional commitments. The firm has hired about 20 people, including private equity veterans Bret Perlman and Asad Naqvi, and plans to focus on US-based investments as well as those in the Middle East.

He played a prominent role in Mr Trump’s failed 2020 reelection campaign, but has steered clear of Trump’s false claims of voter fraud. Mr Kushner tried to distance his father-in-law from fringe, far-right social media platforms after Mr Trump was kicked off Twitter following the deadly riot on January 6.

 

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