Kushner's Affinity Partners Raises $1.5 Billion and Extends Investment Fund Duration to 2029

Jared Kushner's investment firm, Affinity Partners, has secured an additional $1.5 billion in financing from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate. The firm has also extended the investment period of its first fund until 2029.

Kushner, the founder of the Miami-based company, disclosed these developments recently in an episode of the Invest Like The Best podcast with Patrick O'Shaughnessy, co-founder of the venture capital firm Positive Sum. He explained that this proactive measure was designed to prevent potential conflicts and to eliminate the need for further capital raising over the next four years.

Kushner also stated that discussions regarding potential additional fundraising began in February, and the funds were secured ahead of the last U.S. presidential election. Investors have responded positively to the company's cautious approach during the first two years of operations, which facilitated the decision to extend the investment horizon by two years.

Kushner indicated that investors accepted the extension and new commitments regardless of the outcome of the U.S. presidential election. He emphasized that his role at Affinity Partners would remain unchanged even after his father-in-law, Donald Trump, won the election last month.

During Trump's first term, Kushner served as a senior advisor and played a key role in mediating the Abraham Accords, the agreements signed between Israel and the United Arab Emirates and between Israel and Bahrain in 2020.

In related news, Kushner's father, Charles Kushner, was pardoned for federal charges during Trump's first presidential term. Trump recently announced his intention to nominate Charles Kushner as the future ambassador to France.