Investing.com — Jared Kushner’s investment firm, Affinity Partners, has secured an additional $1.5 billion in funding from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate. The firm has also extended the investment period of its debut fund to 2029.

Kushner, the founder of the Miami-based firm, revealed these developments during a recent episode of the Invest Like The Best podcast with Patrick O’Shaughnessy, co-founder of venture capital firm Positive Sum. He explained that the preemptive move was designed to avoid potential conflicts, eliminating the need to raise capital for the next four years.

Kushner also disclosed that discussions about potentially raising additional capital started in February, and the funds were secured before the recent US presidential election. The investors were receptive to the firm’s cautious approach during its first two years of operation, making the decision to extend the investment horizon by two years an easy one.

The investors agreed to the extension and the new commitments regardless of the outcome of the US presidential election, Kushner said. He emphasized that his role in Affinity Partners would remain the same, even after his father-in-law, Donald Trump, won the election last month.

During Trump’s first term as president, Kushner served as a senior advisor and played a key role in brokering the Abraham Accords, a bilateral agreement signed in 2020 between Israel and the United Arab Emirates, as well as between Israel and Bahrain.

In related news, Kushner’s father, Charles Kushner, was pardoned of federal charges by Trump during his first term as president. Trump recently announced his intention to nominate Charles Kushner as the incoming ambassador to France.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.


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