Former first son-in-law Jared Kushner received a $2 billion investment from Saudi Arabia’s sovereign wealth fund — with expected annual management fees of $25 million — according to a new report, drawing comparisons to first son Hunter Biden’s overseas business ventures.Kushner’s firm Affinity Partners made the deal shortly after President Donald Trump left office, despite a Saudi Public Investment Fund review panel’s concerns about “inexperience” and a due diligence review that was “unsatisfactory in all aspects,” according to minutes of a June meeting reported by the New York Times.Saudi Crown Prince Mohammed bin Salman leads the fund’s board, which overruled the skeptics. A letter written by fund staff to a board member who dissented cited “aims to form a strategic relationship with the Affinity Partners Fund and its founder, Jared Kushner” in going ahead with the deal, according to the report.
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