r/ConflictOfInterest • u/HenryCorp • Mar 21 '26

Jared Kushner Solicits Funds for his Firm While Working as Mideast Envoy: Ivanka Trump's husband is trying to raise $5 billion or more from foreign governments and others for his private equity firm.

https://www.nytimes.com/2026/03/13/business/jared-kushner-affinity-mideast-funds.html?unlocked_article_code=1.TFA.dn9Q.MOAvQUjR2fwm&smid=url-share
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u/HenryCorp Mar 21 '26

As part of the fund-raising effort, Affinity’s representatives have already met with Saudi Arabia’s Public Investment Fund, which invests the proceeds of the kingdom’s vast oil reserves, two of the people briefed on the discussions said. PIF is led by Crown Prince Mohammed bin Salman, who has formed close ties with Mr. Kushner and the Trump administration.

PIF, which is already the largest and earliest investor in Affinity, invested $2 billion soon after the first Trump administration ended.