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Jared Kushner set to double stake in leading Israeli financial firm - Jewish Telegraphic Agency

  • Jared Kushner is set to double his investment firm's stake in Phoenix Financial to nearly 10%, as Israeli regulators approved the deal just before Donald Trump's return to the White House.
  • Kushner's firm, Affinity Partners, will buy an additional 4.95% of Phoenix Financial, following an initial investment made last year.
  • Kushner stated that his investment in Phoenix is a vote of confidence in Israel's economy, highlighting his belief in Israel's resiliency.
  • Despite not taking official roles in the new administration, Kushner remains involved in advising on Middle East issues and assisting with personnel decisions.
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