Trump's son-in-law Kushner's fund assets rise to $6.2 billion with backing from Middle Eastern capital.

date
24/03/2026
According to a regulatory document, Affinity Partners, an investment company operated by Jared Kushner and funded by government-backed funds from various Middle Eastern countries, saw its assets grow by nearly 30% last year. The document shows that by the end of 2025, the fund's assets had increased to $6.2 billion, primarily reflecting returns from some of its investments. Kushner is the son-in-law of US President Donald Trump. Since he was appointed as Trump's new Middle East peace envoy, the operation of the fund has once again come under close scrutiny from members of Congress. However, potential conflicts of interest have plagued the organization since Kushner founded the company shortly after the end of Trump's first presidential term. According to the document, about 99% of Affinity Partners' assets come from investors outside the US, with major contributions from funds associated with Saudi Arabia, the United Arab Emirates, and Qatar. The company has already deployed most of its funds and was previously in discussions to raise funds for a new fund, including negotiations with the Saudi Public Investment Fund. However, according to the company's chief legal officer, the company has since changed course and does not plan to raise any new funds while Kushner is serving in a government volunteer capacity.