# Affinity Partners investments and foreign account Allegatons > Live situation record from CLSTR: https://clstr.news/situations/affinity-partners-investments-in-israeli-defense-sector > Updated: 2026-10-26T02:53:01.000Z. Sources: 76. Developments: 5. Jared Kushner’s private equity firm, Affinity Partners, has established significant financial ties to the Israeli defense sector through its stake in Phoenix Financial, a Tel Aviv-based investment group. Phoenix Financial’s portfolio includes hundreds of millions of dollars in companies supplying the Israeli military, such as Elbit Systems, NextVision, and Israel Shipyards. In October 2026, U.S. Representative Robert Garcia of the House Oversight Committee launched an investigation into Kushner’s Middle Eastern business dealings. The inquiry follows reports that Phoenix Financial holds investments exceeding $456 million in at least nine companies providing weapons and military equipment to the Israeli army. Garcia is seeking information to determine if Kushner’s private financial gains, specifically regarding his previous diplomatic role in Gaza, constitute a conflict of interest. Concurrently, investigative journalist Matthew Cole’s upcoming book, ‘Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East’, has leveled further allegations against Kushner. The book claims that Dutch military intelligence (MIVD) discovered Kushner had access to more than $2 billion in undisclosed foreign bank accounts during his tenure as a senior White House adviser. The report alleges these funds, sourced from Saudi Arabia and the United Arab Emirates, were used to finance ‘off-the-books diplomatic objectives’ and to buy influence within the U.S. government. Further claims suggest Dutch agents, having recruited a Russian spy to monitor Kushner’s iPhone, observed him accessing a United Arab Emirates account that received hundreds of millions of dollars from an Azerbaijani bank. Kushner and his legal team have vehemently denied these claims, calling them ‘insanely absurd’ and ‘outrageous fabrications.’ ## Claims - Matthew Cole’s book alleges Jared Kushner had access to secret Middle East slush funds. (corroborated by 31 sources) - The MIVD allegedly accessed Kushner’s iPhone via a Russian hacker. (corroborated by 28 sources) - Kushner called the allegations ‘completely insane’ and ‘outrageous fabrications’. (corroborated by 23 sources) - The surveillance operation began in late 2017 after British and Dutch services intercepted a GRU-linked hacker. (corroborated by 22 sources) - Approximately $750 million was allegedly transferred into the account from Saudi and Emirati sources. (corroborated by 17 sources) - The funds were allegedly used to pay individuals including a warlord, a mercenary, and a former hitman. (corroborated by 16 sources) - Dutch intelligence agents allegedly discovered in 2017 that Russian operatives hacked Kushner’s iPhone. (corroborated by 16 sources) - The alleged Dubai account received funds from an Azerbaijani bank. (corroborated by 15 sources) - The account was allegedly managed under the cover of the Watani Al Emarat Foundation. (corroborated by 8 sources) - Kushner denies the existence of the alleged secret bank accounts. (corroborated by 7 sources) ## Timeline ### 2026-10-26: Jared Kushner accused of receiving billions in foreign funds A new book by Matthew Cole alleges Jared Kushner received over $2 billion from Middle Eastern leaders to influence U.S. policy, claims involving hacked devices which Kushner’s lawyers deny. 4 sources. https://clstr.news/cluster/jared-kushner-accused-of-receiving-billions-to-influence-us-policy-1 ### 2026-10-22: Jared Kushner accused of managing billions in secret foreign accounts Investigative reports allege Jared Kushner accessed billions in secret foreign accounts via a hacked iPhone to influence US policy, claims which Kushner has dismissed as ‘completely insane’. 48 sources. https://clstr.news/cluster/jared-kushner-denies-allegations-of-secret-middle-east-bank-accounts ### 2026-10-07: Jared Kushner's investments face U.S. Congressional investigation U.S. Representative Robert Garcia is investigating Jared Kushner’s investment firm, Affinity Partners, over potential conflicts of interest regarding its links to Israeli military suppliers. 9 sources. https://clstr.news/cluster/jared-kushners-investments-face-us-congressional-investigation ### 2026-10-04: Jared Kushner’s firm increases stake in Israeli company Jared Kushner’s firm, Affinity Partners, has become a major shareholder in Israel’s Phoenix Financial, sparking debate over potential conflicts of interest involving his business and diplomatic ties. 2 sources. https://clstr.news/cluster/jared-kushners-firm-increases-stake-in-israeli-company ### 2026-10-01: Jared Kushner's firm holds major stake in Israeli military-linked companies An investigation shows Jared Kushner’s firm, Affinity Partners, is a major shareholder in an Israeli group with $456M invested in military suppliers, including Elbit Systems, amid his role as a peace negotiator 16 sources. https://clstr.news/cluster/jared-kushner-faces-conflict-of-interest-concerns-over-israeli-military-investments --- Cite as: Affinity Partners investments and foreign account Allegatons. CLSTR, https://clstr.news/situations/affinity-partners-investments-in-israeli-defense-sector