The new private equity fund of Jared Kushner plans to invest millions of dollars in Saudi money in Israeli start-ups

The new private equity fund of Jared Kushner, son-in-law of former US President Donald Trump, plans to invest millions of dollars in Saudi money in Israeli start-ups, the Wall Street Journal reported. A sign of warming in relations between Saudi Arabia and Israel.
Kushner's fund, Affinity Partners, which has raised more than $ 3 billion - including $ 2 billion from Saudi Arabia's investment fund - has already chosen the first two Israeli companies to invest in, according to the sources quoted in the report.
The New York Times reported last month on Saudi Arabia's investment in Kushner's fund, noting that Regent Muhammad bin Salman, who actually controls Saudi Arabia, promoted the investment despite opposition from his professional advisers. Ethics experts who spoke to the Times said at the time that Ben Salman is apparently currently rewarding Kushner for his support during his time in the Trump administration. Another hypothesis was that the Saudi investment was made in hopes of a future reward in the event Trump wins the presidency again. Saudi Arabia is growing to do business here, although there are no diplomatic relations between the two countries.
According to the "Journal", after promising the Saudi investment, Kushner traveled with his team to Israel in March, and met here with dozens of Israeli companies in a variety of fields - from health and agriculture to software and cyber. In the future, Kushner intends to bring Israeli technology to other countries, including Indonesia, according to the sources.