Trending Now - Kushner Pursues $5 Billion From Foreign Governments for Firm

WHO:

Jared Kushner, President Trump’s son-in-law

Affinity Partners, Kushner's private equity firm

Saudi Arabia’s Public Investment Fund (PIF), led by Crown Prince Mohammed bin Salman

Citizens for Responsibility and Ethics in Washington (CREW)

Larry Sabato, Director of the University of Virginia Center for Politics

Brian Rosenwald, political historian

WHAT:

Kushner is trying to raise more than $5 billion from foreign governments for Affinity Partners.

PIF invested $2 billion in Affinity Partners soon after the first Trump administration ended.

Kushner's fundraising efforts are described as “the blurring of the lines between public service and private profit-seeking.”

Kushner previously stated in December 2024 that Affinity “[doesn’t] have to raise capital for the next four years.”

WHERE:

Meetings took place with representatives from Saudi Arabia’s Public Investment Fund.

Kushner traveled to the World Economic Forum in Davos, Switzerland.

WHEN:

Kushner's appointment as Special Envoy for Peace was on February 19th, 2026.

The investment from PIF occurred soon after the first Trump administration ended in 2021.

Discussions about raising funds have been ongoing in recent weeks as of March 2026.

WHY:

Kushner is seeking funds to support his private equity firm while serving as a U.S. government negotiator in the Middle East.

HOW:

Kushner has used his government contacts to facilitate discussions with potential investors.

Representatives from Affinity Partners have met with potential investors, including PIF.

(UPDATED March 14, 2026 17:10 UTC)

Jared Kushner is currently trying to raise over $5 billion from foreign governments for his private equity firm, Affinity Partners, which has already received a $2 billion investment from Saudi Arabia's Public Investment Fund shortly after the first Trump administration ended. His fundraising efforts have raised concerns about the potential blurring of lines between public service and private profit-seeking, especially as he continues to serve as a U.S. government negotiator in the Middle East. Recently, Kushner has been meeting with representatives from the Public Investment Fund at the World Economic Forum in Davos, Switzerland, to facilitate these discussions.