Saudi Arabia Reportedly Will Invest In Israel Through Jared Kushner’s Fund
Forbes Staff May 7/22

Affinity Partners, a new private-equity fund started by Jared Kushner, plans to invest money from Saudi Arabia’s sovereign wealth fund in Israeli businesses, the Wall Street Journal reported Saturday, marking the first time the giant Saudi fund has invested in Israel, with which the Saudi government does not have a formal diplomatic relationship.
KEY FACTS
Affinity Partners has selected at least two Israeli startups to invest in, people familiar with the plans told the Journal.
Affinity Partners has raised more than $3 billion, which includes a $2 billion commitment from the Saudi Public Investment Fund.



MOSCOW, RUSSIA – JUNE 24: The Yars mobile intercontinental ballistic missile launcher and a Tigr-M (Tiger) armored vehicle during a Victory Day military parade in Red Square marking the 75th anniversary of the victory in World War II, on June 24, 2020 in Moscow, Russia. The 75th-anniversary marks the end of the Great Patriotic War when the Nazi’s capitulated to the then Soviet Union. (Photo by Sergey Pyatakov – Host Photo Agency via Getty Images )[/caption]



