Jared Kushner, Finance

Jared Kushner's Affinity Partners Acquires 15% of Israeli Shlomo Group

The acquisition marks yet another example of Trump's son in law moving to invest in Israeli companies and demonstrate confidence in the country as a whole.

FEB 1, 2024 15:24

1 min read

Photo: Alexandros Michailidis / Shutterstock.com background — Photo: Alexandros Michailidis / Shutterstock.com

Jared Kushner, owner of Affinity Partners and son in law of former President Donald Trump, signed a deal to acquire 15% of the Israeli Shlomo Group holding company, according to Calcalist.

The Shlomo Group, which began as a car rental company, has since expanded into a holding company owning companies involved in leasing, selling, garages, and towing, as well as other ventures.

Kushner, who is also in talks to buy a stake in the Phoenix Group, one of Israel's major insurance companies, said that "Affinity expects more promising business opportunities in Israel and the region."

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