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The Guardian - US
The Guardian - US
World
Robert Tait

Jared Kushner’s private equity firm faces inquiry as it fails to return profits

Jared Kushner, wearing a black suit and tie, speaks
Jared Kushner speaks in Rabat, Morocco, on 22 December 2020. Photograph: Shereen Talaat/Reuters

A private equity firm owned by Jared Kushner, Donald Trump’s son-in-law, has been paid $157m in fees since 2021 without returning any profit to investors, according to a US Senate inquiry.

The finding from the Senate finance committee has fuelled suspicions that the Miami-based company, Affinity Partners, may be a foreign influence-buying operation established in anticipation of the former president returning to the White House.

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