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International Business Times UK
International Business Times UK
Chelsie Napiza

Jared Kushner Negotiates Gaza Peace Deal While His Firm Holds Stake in Companies Supplying Israel's Military

Jared Kushner’s Affinity Partners is the largest shareholder in Phoenix Financial, which holds $456 million in Israeli military suppliers as Kushner helps negotiate Gaza (Credit: US Embassy Jerusalem / Wikimedia Commons)

While Jared Kushner has played a prominent role in Washington's Gaza negotiations, his private equity firm has been the largest shareholder in an Israeli financial group that has invested hundreds of millions of dollars in companies supplying military equipment to Israel, a CNN investigation has found.

Affinity Partners holds a 7.4 per cent stake in Phoenix Financial, a Tel Aviv-based insurance and asset management group, worth more than £737 million ($1 billion) in July.

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