Kushner’s Affinity Sees Assets Hit $4.8 Billion on Gulf Money, Investment Gains

Jared KushnerPhotographer: Chris Kleponis/Polaris/Bloomberg
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Jared Kushner’s Affinity Partners’ assets under management grew to $4.8 billion from $3 billion in 2024, powered by new money from the Middle East and investment performance, according to a new filing.

Commitments from Abu Dhabi-based asset manager Lunate and the Qatar Investment Authority, which Bloomberg News reported on in December, drove $1.5 billion of the increase that was disclosed Thursday in a regulatory filing with the US Securities and Exchange Commission.