General Category > National/Breaking News

Jared Kushner's PE firm was backed by Emirates, Qatar - NYT

(1/1)

libertybele:
Jared Kushner's PE firm was backed by Emirates, Qatar - NYT

Thu, March 30, 2023 at 4:32 PM EDT

(Reuters) - Wealth funds in the United Arab Emirates (UAE) and Qatar have invested hundreds of millions of dollars with former U.S. President Donald Trump's son-in-law Jared Kushner's private equity firm, the New York Times reported on Thursday.

The Emiratis invested more than $200 million with Kushner's Affinity Partners, while a Qatari entity also put in a similar sum, the newspaper said, citing people with knowledge of the transactions.

Kushner, who was also a top adviser to Trump, formed the Miami-based Affinity Partners in 2021, Reuters had reported.

The investment from the UAE came through a sovereign wealth fund, but the Qatari investor's identity was unclear, the NYT report said.

Abu Dhabi Investment Authority, Mubadala, Emirates Investment Authority, Affinity Partners, and the Qatar and UAE embassies in Washington did not immediately respond to Reuters requests for comment.

Last year, a U.S. House of Representatives committee had said it was investigating the Saudi Arabian government's $2 billion investment with a firm of Kushner..............

https://www.yahoo.com/finance/news/jared-kushners-pe-firm-backed-203255906.html

Kamaji:
Well, that just tears it.  Why couldn't he do something honorable, like trying to grift millions out of Ukraine while his father-in-law was president?

libertybele:

--- Quote from: Kamaji on March 31, 2023, 07:55:26 pm ---Well, that just tears it.  Why couldn't he do something honorable, like trying to grift millions out of Ukraine while his father-in-law was president?

--- End quote ---

I have little doubt that Kushner has pocketed quite a handsome amount.

MeshugeMikey:

--- Quote from: Kamaji on March 31, 2023, 07:55:26 pm ---Well, that just tears it.  Why couldn't he do something honorable, like trying to grift millions out of Ukraine while his father-in-law was president?

--- End quote ---

Navigation

[0] Message Index