Jared Kushner Reportedly Seeks $5B From Middle East Governments for His Firm While Serving as Envoy

AP Photo/Terry Rayner

Jared Kushnerhusband arrives Ivanka TrumpHe is said to be raising $5 billion for his private equity firm while serving as foreign affairs adviser to his father-in-law, the president. Donald Trump.

Kushner has been involved in peace negotiations around the world, and Trump appointed Kushner to the unofficial position of the government’s “peace envoy” in February 2026.

Now, as one of the negotiators for Middle Eastern governments, Kushner is reportedly working to raise funds from Middle Eastern governments for his private equity firm, Affinity Partners. new york times.

The outlet reportedly spoke to five people with knowledge of the business process, all of whom confirmed that Kushner has been actively meeting with investors seeking to raise at least $5 billion for his company.

Kushner and his team have reportedly been in talks with Saudi Arabia’s Public Investment Fund (PIF) to obtain “rights of first refusal” Axios After confirming, he said new york timesof Report. Led by the Crown Prince mohammed bin salmanThe PIF is the country’s main wealth fund, which is largely funded by the country’s oil revenues.

The Trump administration has developed a close relationship with bin Salman, and in November 2025, the president defended the crown prince when asked about the incident by ABC News. washington post Columnist murdered inside the Saudi consulate in Istanbul in 2018.

“You’re talking about a very controversial person,” Trump said. “A lot of people don’t like that Mr. [Khashoggi] you are talking about. Whether you like him or not, things will happen, but he [bin Salman] Don’t know anything about it. Let’s leave it at that. You don’t have to embarrass our guests by asking questions like this. “

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Saudi Arabia’s PIF invested $2 billion in Kushner’s company shortly after Trump took office. At the time, there were rumors that PIF’s investment staff advised against the deal, but bin Salman dismissed their concerns.

new york times According to the report, these new financial initiatives represent “a blurring of the lines between public services and private pursuit of profits.”

In December 2024, Kushner told “Invest Like The Best” podcast host Patrick O’Shaughnessy that his company “preemptively” raised $1.5 billion from Qatar’s sovereign wealth fund “to avoid any conflict” and ensure that Affinity “doesn’t have to raise capital for the next four years.”

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