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Kushner's Affinity's assets jump to $4.8 billion after Gulf cash injection

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Jared Kushner's investment company Affinity Partners saw assets under management jump 60% last year to $4.8 billion, according to a regulatory filing, after it received a cash injection from Middle East investors including Qatar's sovereign wealth fund.
The article from MSN discusses how Affinity Partners, a private equity firm founded by Jared Kushner, has seen its assets under management surge to $48 billion following a significant investment from Gulf countries. This influx of capital has not only bolstered the firm's financial standing but also highlighted the growing economic ties between the U.S. and Gulf states. The investment comes at a time when geopolitical alliances are shifting, with Middle Eastern countries looking to diversify their investments and strengthen economic relationships beyond traditional oil-based partnerships. Kushner, leveraging his previous role in the Trump administration, has managed to attract substantial funds, showcasing his ability to navigate and capitalize on international finance and politics.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/kushners-affinitys-assets-jump-to-48-billion-after-gulf-cash-injection/ar-AA1BRgGR ]