@dershpiel: Jewish investor Jared Kushner has raised an additional $5 billion for his private equity firm, Affinity Partners, with major backing tied to Saudi Arabia, Qatar and the UAE. The firm already has deep Gulf connections. Saudi Arabia’s Public Investment Fund previously committed $2 billion, while funds linked to Qatar and the UAE later added another $1.5 billion. At the same time, Kushner has used some of that capital to invest heavily in Israel. Affinity put about $110 million into Shlomo Group and roughly $300 million into Phoenix Financial, creating a rare financial bridge between Arab Gulf money and major Israeli businesses. Affinity’s total capital has now grown to more than $6 billion, while Kushner continues playing a role in U.S. diplomacy involving Israel, Gaza and Iran. The overlap has drawn criticism from ethics experts, while Kushner argues that his relationships across the region are an advantage in diplomacy.

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Wednesday 16 September 2026 15:24:52 GMT