Saudi Arabia committed $2 billion to Kushner's new investment firm
Reporting and findings
- documented
A House committee reported that Jared Kushner, Donald Trump's son-in-law and former White House adviser, secured a $2 billion Saudi Public Investment Fund commitment for Affinity Partners six months after forming the firm upon leaving the Trump White House.
- U.S. House Committee on Oversight and Reform: Chairwoman Maloney Launches Probe of Saudi Government's $2 Billion Investment in Jared Kushner's Investment FirmJune 2, 2022 committee release, firm formation and Saudi commitment timeline
Summary and current status
A House committee reported that the Saudi sovereign wealth fund committed the money six months after Jared Kushner formed Affinity Partners on leaving the White House.
Investment commitment documented; congressional inquiry opened
People and organizations
- Saudi Public Investment Fund commitment to Affinity Partnersfamily-linked foreign investment
- Donald J. Trumppresident and Kushner's father-in-law
Relationships in this file
- Donald J. Trumpwas president and father-in-law tied to post-office Saudi investmentSaudi Public Investment Fund commitment to Affinity Partners
Money trail
investmentSaudi PIF commitment to Affinity Partners$2 billion - Committed investor / source
- Saudi Public Investment Fund
- Committed investment recipient
- Affinity Partners