Kushner’s Affinity Gets Extra $1.5 Billion From Qatar, Abu Dhabi

Jared Kushner’s Affinity Partners raised an additional $1.5 billion from the Qatar Investment Authority and Abu Dhabi-based asset manager Lunate, and extended the investment period of its debut fund to 2029.

“We preemptively tried to avoid any conflicts, so we don’t have to raise capital for the next four years,” Kushner said on a podcast episode of Invest Like The Best with Patrick O’Shaughnessy, co-founder of venture capital firm Positive Sum, released Friday.

Kushner said he spoke to investors about potentially raising additional capital in February and closed on the funds before the election. Investors liked that the ...