Affinity Partners

Archive profile summary

Private investment firm founded and solely owned by former White House adviser Jared Kushner after he left government, with major capital commitments from Gulf sovereign investors including Saudi Arabia’s Public Investment Fund.

Why this entry is in the archive

A documented foreign-capital relationship involving a former senior White House official’s private firm.

Origins

Jared Kushner founded Affinity Partners after leaving his role as a senior adviser in the first Trump administration. Reuters and congressional investigators describe Kushner as the firm’s sole owner.

Foreign sovereign investment

Saudi Arabia’s Public Investment Fund committed $2 billion to Affinity. Other Gulf sovereign investors have also supplied substantial capital.

The investment relationship is documented; it does not by itself prove a foreign government purchased U.S. policy influence.

Why it draws scrutiny

The timing—major foreign-state investment in a firm owned by a recent senior White House official—creates legitimate questions about conflicts, access, reputation and incentives.

Congressional investigators have examined Affinity’s fee structure, investment returns and foreign-government relationships.

Evidence limits

Foreign investment is not proof of bribery, illegal influence or policy control.

To connect an investment to a government decision, evidence would need to establish the relevant communication, benefit, intent or action rather than relying on timing alone.

Timeline

2021
Post-government and post-election networks multiply
Michael Flynn chairs America’s Future; Flynn and Patrick Byrne are associated with launching The America Project; Jared Kushner founds Affinity Partners after leaving the White House.
Michael Flynn · America’s Future · Patrick Byrne · The America Project · Jared Kushner
2021
Foreign sovereign capital enters Affinity
Congressional investigators later document a $2 billion commitment from Saudi Arabia’s Public Investment Fund to Affinity Partners.
Saudi Public Investment Fund · Jared Kushner
2021
Saudi sovereign capital enters Affinity Partners
Congressional investigators later document a $2 billion Saudi PIF commitment to Jared Kushner's Affinity Partners.
Saudi Public Investment Fund · Jared Kushner
2024
Qatar and Abu Dhabi-linked capital expands Affinity
Reuters reports that Qatar Investment Authority and Lunate add $1.5 billion to Affinity, helping lift assets under management to $4.8 billion.
Qatar Investment Authority · Lunate · Jared Kushner