berg80
Diamond Member
- Oct 28, 2017
- 35,643
- 28,961
- 2,820
- Thread starter
- #141
Six months after leaving the White House, Jared Kushner secured a $2 billion investment from a fund led by the Saudi crown prince, a close ally during the Trump administration, despite objections from the fundās advisers about the merits of the deal.We need an accounting of what happened to the billions Jared got from SA and what they expected. Iād like to see HIS laptop.
#FREEHUNTER
A panel that screens investments for the main Saudi sovereign wealth fund cited concerns about the proposed deal with Mr. Kushnerās newly formed private equity firm, Affinity Partners, previously undisclosed documents show.
Those objections included: āthe inexperience of the Affinity Fund managementā; the possibility that the kingdom would be responsible for āthe bulk of the investment and riskā; due diligence on the fledgling firmās operations that found them āunsatisfactory in all aspectsā; a proposed asset management fee that āseems excessiveā; and āpublic relations risksā from Mr. Kushnerās prior role as a senior adviser to his father-in-law, former President Donald J. Trump, according to minutes of the panelās meeting last June 30.
Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts (Published 2022)
Before committing $2 billion to Mr. Kushnerās fledgling firm, officials at a fund led by the Saudi crown prince questioned taking such a big risk.