Jared Kushner’s investment fund is not especially large by global finance standards.
His $3 billion fund is financed almost entirely from overseas investors with whom he worked when he served as a senior adviser in the Trump White House.
He has taken money from government wealth funds in Saudi Arabia, Qatar and the United Arab Emirates, as well as from Terry Gou, a founder of Foxconn, the Taiwan-based electronics manufacturer, whose role in Mr. Kushner’s firm has not been previously disclosed.
Mr. Kushner’s firm, Affinity Partners, is collecting approximately $40 million a year in management fees from those investors even before any share of profits earned on investments.
He has made 10 investments to date, totaling $1.2 billion, many of them in companies based abroad.
Persons:
Jared, Donald J, Trump, Terry Gou, Kushner’s
Organizations:
Trump White House, United Arab, Foxconn, Securities and Exchange Commission, Mr, Affinity Partners
Locations:
Saudi Arabia, Qatar, United Arab Emirates, Taiwan