Kushner's equity fund

[kadee79]

This is the whole snippet, but take a look at the chart wheel....

Economic analyst Steven Rattner on Monday shared a pie chart showing that all but 1% of the $3 billion in investments in former President Donald Trump's son-in-law Jared Kushner's private equity firm Affinity Partners came from foreign sources after he "spent much of his White House tenure cozying up" to Saudi Arabia and Crown Prince Mohamed bin Salman. The Saudis invested $2 billion in Kushner's fund while the United Arab Emirates and Qatar each added another $200 million. About $625 million came from other non-U.S. sources while only $31 million came from sources inside the U.S. Rattner told MSNBC that he's "never seen this" in 40 years in the business.



"I've never seen somebody get two-thirds of their money from a single investor. Usually a single investor might be a few percent of the fund, might be 5 percent, occasionally 10 percent," he said. While Kushner has hired some people for his fund, "I've seen nothing else about what he's actually done with the money," Rattner continued.



"It is normal to invest this money over a period of several years, so I don't think we can draw a firm conclusion yet. But, again, we're going back to a guy who's a real estate guy, and frankly, not a particularly good one at that, who's suddenly got $3 billion trying to do private equity deals competing against people who've been in this business for a long time. And I wouldn't, if I were the Saudis, count on making a lot of money from this any time soon," he said, adding: "U.S. private equity firms still raise the vast bulk of their money from U.S. investors. This is extraordinary — unprecedented — I've never seen anything like it.

www.msn.com/en-us/money/markets/i-ve-never-seen-anything-like-it-economic-analyst-stunned-at-sources-of-jared-kushner-s-funds/ar-AA1fmlKj?ocid=hpmsn&cvid=7a56f14f83f548cbaf47c546881280d2&ei=283

[haapai]

Okay, so we've found the dash, what was it for?  Is it an advance or a payment?  Dang, that's a weird chart! 

I'm pretty sure that Qatar and the UAE both kicking in $200 million versus the Saudi sovereign wealth fund's $2 billion investment is a clue.  What that clue means is beyond me. 

[happyhoix]

Payback. When MBS ordered an American journalist to be murdered and there were demands to sanction Saudi Arabia, Trump, and Kushner in particular, smoothed things over and prevented anything bad from happening to SA.

When Jared left the WH he asked the Saudi fund for an investment he was initially turned down. His only experience prior to working as his FIL flunky was in real estate, so it’s understandable SA rejected him. Then MBS jumped in, making the fund give the money to Kushner, and probably strong arming other ME countries to also invest.

A lot more blatant than Hunter getting paid by Burshima but the GOP claims it’s fine because it happened two months after Trump left office.