- Affinity Partners’ assets surged to USD 6.2B in 2025, driven by gains on its investments and significant GCC backing.
- Saudi, UAE, and Qatari funds are among the key contributors to the firm’s mostly non-US capital.
- The firm targets companies navigating geopolitical shifts, leveraging MENA capital for global investment opportunities.
Affinity Partners
Jared Kushner’s investment firm, Affinity Partners, saw its assets climb nearly 30% last year, reaching USD 6.2 billion.
A large portion of this capital comes from GCC-linked investors, including Saudi Arabia, the UAE, and Qatar.
Overall, about 99% of the fund’s assets belong to non-US investors, highlighting the firm’s strong international backing.
Since its launch, Affinity Partners has invested in over two dozen companies, achieving a net internal rate of return of 25%. The firm focuses on opportunities influenced by geopolitical transitions.
Acquisitions
Major deals include the USD 55 billion acquisition of Electronic Arts with Saudi Arabia’s Public Investment Fund and backing for Paramount Skydance Corp.’s USD 108 billion takeover attempt of Warner Bros.
While Affinity explored raising additional funds, it paused new capital intake as Kushner serves in government roles, avoiding potential conflicts of interest.
The involvement of GCC funds underscores the region’s growing influence in global private equity.
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