Wealth funds in the United Arab Emirates (UAE) and Qatar have invested hundreds of millions of dollars with former U.S. President Donald Trump's son-in-law Jared Kushner's private equity firm, the New York Times reported on Thursday.
Jared Kushner, former senior advisor to the president during the administration of his father-in-law, former President Donald Trump, speaks about the Abraham Accords during an event at the Trump affiliated America First Policy Institute in Washington, September 12, 2022. REUTERS/Evelyn Hockstein
March 30 - Wealth funds in the United Arab Emirates and Qatar have invested hundreds of millions of dollars with former U.S. President Donald Trump's son-in-law Jared Kushner's private equity firm, the New York TimesThe Emiratis invested more than $200 million with Kushner's Affinity Partners, while a Qatari entity also put in a similar sum, the newspaper said, citing people with knowledge of the transactions.
Kushner, who was also a top adviser to Trump, formed the Miami-based Affinity Partners in 2021, Reuters hadThe investment from the UAE came through a sovereign wealth fund, but the Qatari investor's identity was unclear, the NYT report said. Abu Dhabi Investment Authority, Mubadala, Emirates Investment Authority, Affinity Partners, and the Qatar and UAE embassies in Washington did not immediately respond to Reuters requests for comment.
Last year, a U.S. House of Representatives committee had said it was investigating the Saudi Arabian government's $2 billion investment with a firm of Kushner.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Juju Watkins stars in McDonald's All-American Game; Bronny James, Jared McCain impressJuju Watkins scored 25 points in the McDonald’s All-American girls' game Tuesday, while Bronny James and Jared McCain impressed in the boys' game.
Read more »
Humboldt Broncos goalie Jared Picklyk charged, suspended by league, after truck hits houseJared Picklyk, 20, from Kelowna, B.C. is expected to appear in Humboldt provincial court on May 8, charged with refusing a breath demand.
Read more »
Olivia Culpo sizzles in a bikini on vacation and more star snapsOlivia Culpo soaks up the sun, Jared Leto posts a thirst trap and more...
Read more »
Scott Stinson: After the humbling lessons of Qatar, Canada's men's soccer team asserts itselfNo demons on the pitch as Canada sails to an easy 4\u002D1 victory over Honduras, a team that has humbled them in the past
Read more »
Jared Bednar calls out “passengers” for effort after Avalanche’s mistakes cost them first place in 4-2 loss to Minnesota Wild“I thought we had some passengers for the first period-plus. And when you’re playing a game like this, like a playoff style game, you can’t have passengers.' Jared Bednar after his Avs missed a shot at taking 1st in the Central Story from BennettDurando
Read more »
This Bonkers 459-Foot Megayacht Concept Was Designed to be the Flagship of the United Arab EmiratesCheck out this awesome 459-foot megayacht concept designed in partnership with a sultan of the UAE. This masterpiece that combines luxury, engineering, and art. 🛥️
Read more »