Jared Kushner’s Affinity Partners investment firm just filed a disclosure showing over $6 billion in assets under management for 6 clients in 2025 (compared to $4.8B in 2024 and $3B in 2023)

Jared Kushner’s investment advisory firm Affinity Partners, which is officially registered as A Fin Management has a new filing that shows over $6 billion in assets under management for 6 clients in 2025. Affinity is a Delaware limited liability company founded in 2021, with offices located in Florida – the sole owner is Jared Kushner.

Since 2022 the Saudi Public Investment Fund (PIF) has invested several billion U.S. dollars and the United Arab Emirates and Qatar have invested hundreds of millions. Kushner’s firm receives millions of dollars in management fees each year for investing these funds on behalf of its clients.

Jared Kushner, who has consistently denied that he has received preferential treatment, as the son-in-law and on-again-off-again advisor to Donald Trump, is now also serving as a lead negotiator (aka crony-business-deal-maker) with Russia and in the Middle East.

Below are highlights from the most recent public disclosure for Kushner’s Affinity Partners along with pdfs of the updated filings.

Highlights of the new filing for Kushner’s Affinity Partners 2025 AUM

Kushner’s A Fin Management LLC has just filed an updated Form ADV and firm brochure with the U.S. Securities and Exchange Commission dated March 22, 2026, for the fiscal year ending December 31, 2025.

Below are a few highlights:

• $6,160,297,411 is the amount of regulatory assets under management in section (f) Pooled investment vehicles.

• This amount is approximately $1.2 billion more than the prior year 2024 which was approximately $4.8 billion and more than double the approximately $3 billion for 2023.

• Of the $6,160,297,411 of regulatory assets under management in 2025, the approximate amount attributable to clients who are non-United States persons was $6,097,061,904 or 99% of the total.*

*The 99% was calculated based on section below showing that out of $6,160,297,4 that approximately $6,097,061,904 is attributable to clients who are non-U.S. persons.

Following is the breakout of regulatory assets under management and approximate number of beneficial owners in six funds:

• Affinity Partners Parallel Fund I LP has $4,307,145,842 AUM – 6 beneficial owners.
• Affinity Partners Fund I Co-Invest Delta LP has $1,193,319,132 AUM – 1 beneficial owner.
• Affinity Partners Fund I Co-Invest Sigma LP has $596,596,930 AUM – 1 beneficial owner.
• Affinity Partners Fund I LP has $45,179,176 AUM – 1 beneficial owner.
• Affinity Partners Fund I Co-invest Delta II LP has $12,033,077 AUM – 1 beneficial owner.
• Affinity Partners Fund I Co-Invest Sigma II LP has $6,023,254 AUM – 1 beneficial owner.