Jared Kushner's Firm Makes $150 Million Investment in Israel's Shlomo Group
Jared Kushner’s Affinity Partners, which is backed by money from Saudi investors, is set to invest $150 million (570 million Shekels)
Source: jewishbusinessnews.com
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Kushner's Saudi-Backed Affinity to Acquire Stake in Israeli Firm
(Bloomberg) -- Jared Kushner’s Affinity Partners is acquiring a $150 million minority stake in an Israeli car company, marking the first investment in Israel for the Miami-based private equity firm that is backed by Saudi Arabia’s sovereign wealth fund.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackHuawei Teardown Shows Chip
Source: yahoo.com
Jared Kushner's Saudi Backed Firm Invests $150 Million In Israeli Company
While the two nations have no official relations, direct investment from Saudi Arabia in Israeli-linked companies remains uncommon - Click the link for more details.
Source: i24news.tv
Jared Kushner to invest NIS 570m in Shlomo Group
Kushner's Affinity Partners will hold a 15% stake in a new subsidiary handling the Group's car rental, leasing, sales and credit activities.
Source: globes.co.il
Jared Kushner's Saudi-backed private equity fund clinches first investment in Israel
Affinity Partners, headed by Trump's son-in-law, to invest $150 million for a 15% stake in Shlomo group's car and credit business unit
Source: timesofisrael.com