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Seeking Backers for New Fund, Jared Kushner Turns to Middle East

Seeking Backers for New Fund, Jared Kushner Turns to Middle East

The New York Times
Saturday, November 27, 2021 01:10:08 PM UTC

Former President Donald J. Trump’s son-in-law is trying to raise capital for his investment firm and is turning to a region that he dealt with extensively while in the White House.

As a White House adviser in the Trump administration, Jared Kushner took a special interest in the petroleum-rich monarchies of the Persian Gulf.

He formed a personal friendship with the crown prince of Saudi Arabia. He helped forge ties between Israel and the United Arab Emirates, and backed Emirati rulers in a feud with Qatar. Since the electoral defeat of his father-in-law, former President Donald J. Trump, Mr. Kushner has stayed active in the region through a nonprofit organization he established.

Now, in a move that has raised eyebrows among diplomats, investors and ethics watchdogs, Mr. Kushner is trying to raise money from the Persian Gulf states for a new investment firm he has founded. So far, he is having only mixed success.

Read full story on The New York Times
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