Jared Kushner’s global investment firm, Affinity Partners, has raised more than $3 billion in committed funding from international investors, a person familiar with the fund-raising effort told Reuters on Thursday.

Kushner’s firm has received commitments of more than $3 billion, the source said, adding that he expects to continue fund-raising efforts for the next few months to close these and add potential additional commitments.

The firm has hired about 20 people, including private equity veterans Bret Perlman and Asad Naqvi, and plans to focus on U.S. based investments as well as those in the Middle East.

Read more/Source: Reuters