Jared Kushner’s firm increases stake in Israeli company

Jared Kushner’s investment firm, Affinity Partners, has significantly increased its stake in the Israeli company Phoenix Financial, making it a major shareholder with approximately 5 percent ownership. The investments in the Israeli defense and financial sectors have reportedly seen increased value due to ongoing conflicts in the Middle East.

Critics and media reports have raised questions regarding potential conflicts of interest between Kushner’s business activities and his previous or potential roles in diplomatic service. Kushner has defended his actions, describing claims of a conflict of interest as ‘deeply misleading.’ He noted that his company’s investment predates his potential return to public service and that he holds no decision-making role regarding the Israeli firm’s operations.

Affinity Partners, which Kushner owns entirely, has received substantial funding from sovereign wealth funds in Saudi Arabia, the United Arab Emirates, and Qatar. While some reports highlight the financial gains linked to regional instability, others note that investigations have found no direct evidence that Kushner’s past diplomatic actions specifically influenced these investment outcomes.