Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits

Published On Sep 25, 2024, 5:04 AM

Jared Kushner's private equity firm, Affinity Partners, has received at least $112 million in fees from Saudi Arabia and other foreign investors since 2021, without yet returning any profits. A Senate Finance Committee investigation questions the firm's operations and suggests potential conflicts of interest, especially related to the firm's ties with foreign governments and the Kushner family. There are concerns that the investments may be more about influencing U.S. political figures than about solid investment returns.

Read full article

Stock Forecasts

KHCView KHC chart on TradingView

Negative

Given the scrutiny and potential implications from the Senate investigation, there might be negative sentiment surrounding investments associated with Kushner's firm. If this scrutiny continues or escalates, it could lead to reputational damage affecting related sectors or entities, especially those linked with foreign investments in the U.S.

Related News

Nutter Butter, Are You Good? An Investigation.

Oct 7, 2024, 5:40 AM

The cookie sandwich brand’s videos — funny, disturbing, fever-dreamlike — rack up tens of millions of views. The secret is lots of lore without much sense, the campaign’s strategists explain.

KHC

Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits

Sep 25, 2024, 5:04 AM

The son-in-law of former President Donald J. Trump has said he has intentionally moved slowly to invest investors’ money, which came primarily from foreign entities.

KHC