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Senate inquiry said foreign investors supplied 99% of Affinity's assets

Reporting and findings

  1. reported

    Senate Finance Committee Chair Ron Wyden reported that foreign investors supplied 99% of Affinity Partners' assets under management and that a $2.97 billion parallel fund was funded entirely by foreign investors.

Summary and current status

The investor concentration makes Gulf governments the dominant capital base for Kushner's post-White House firm.

Foreign-capital concentration documented in Senate inquiry

People and organizations

Relationships in this file

  2. Qatar Investment Authorityforeign-state limited partnerAffinity Partners
  3. Donald J. Trumpson-in-law, former senior adviser, and Affinity Partners founderJared Kushner

Money trail

  1. investmentEntirely foreign-funded parallel fund$2,970,000,000
    Reported investor / source
    Foreign limited partners
    Reported investment recipient
    Affinity Partners parallel fund
    reported · 2024-06-12 · observedRead source record
    Calculation detailsPopulation Affinity Partners parallel fund described by the Senate Finance CommitteePeriod 2021-01-01 to 2024-06-12Basis Use the fund size and 100% foreign funding characterization stated by the committee chair.Limits This is committed assets under management, not fees, investment gains, distributions, or Jared Kushner's personal income.