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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."