# Phoenix Financial
*Canonical page:* https://truthscore.com/entity/phoenix-financial--d5cfc361
*Machine twins:* https://truthscore.com/entity/phoenix-financial--d5cfc361.md · JSON at https://truthscore.com/api/v1

Kind: **org**

Also written as: a Tel Aviv firm called Phoenix Financial

## Involved in

- [Two forensic accountants in Israel separately reviewed the records and concluded, despite inconsistencies, the filings analyzed by CNN are Phoenix’s holdings.](https://truthscore.com/claim/08b5be7b)
- [Phoenix invested at least $40 million in Reshef Technologies, which reported $165 million worth of orders from the Israeli Ministry of Defense since the start…](https://truthscore.com/claim/5990fe62)
- [Kushner’s attorney told CNN Kushner has never participated in or directed Phoenix’s decisions on where to invest, adding he had no involvement in the decision…](https://truthscore.com/claim/62080468)
- [Jared Kushner acted as a key negotiator in the war in Gaza while his private‑equity company Affinity Partners held the largest stake in an Israeli firm that…](https://truthscore.com/claim/641525c8)
- [Phoenix has invested hundreds of millions of dollars into Israel’s largest arms manufacturer, Elbit Systems.](https://truthscore.com/claim/6ce743c3)
- [Affinity Partners is the largest stakeholder in Phoenix Financial.](https://truthscore.com/claim/8ccd8646)
- [Kushner told Forbes last September that he maintains a very active dialogue with the financial group, meeting every few weeks with its leadership.](https://truthscore.com/claim/96176b24)
- [Phoenix Financial has poured hundreds of millions of dollars into nine separate groups that supply the IDF with military equipment such as drones, warships…](https://truthscore.com/claim/a201df89)
- [Affinity does not directly hold a stake in the nine companies but stands to reap rewards when Phoenix makes a profit.](https://truthscore.com/claim/b44dfdd7)
- [Phoenix also holds stakes in at least eight other companies providing equipment for the Israeli military ranging from drones to warships to demolition…](https://truthscore.com/claim/bab6a775)
- [Kushner’s firm cashed out a quarter of its stake in Phoenix in July for more than $340 million, a return of more than five times its initial stock purchase.](https://truthscore.com/claim/c7952b2e)
- [His attorney confirmed that statement was accurate at the time and that Kushner regularly spoke with Phoenix management about the company, broader market…](https://truthscore.com/claim/ca48ef81)
- [Phoenix’s largest stake among the firms is in Elbit Systems, worth at least $265 million, and Phoenix holds at least a 0.6 % stake in Elbit for more than a…](https://truthscore.com/claim/dabe67b0)
- [CNN used Israeli financial transparency laws to trace some of the military‑linked investments of Phoenix Financial, a Tel Aviv‑based firm that Kushner’s…](https://truthscore.com/claim/e94b011f)
- [Phoenix holds a $4 million investment in Boeing, whose products include fighter jets, helicopters, and small‑diameter bombs used by Israel.](https://truthscore.com/claim/f9412933)
