Jared Kushner has held preliminary discussions with leading investment firms as planning begins for financing Ukraine’s postwar rebuilding, according to published reports.
By yourNEWS Media Newsroom
Jared Kushner, serving as President Donald Trump’s envoy on Ukraine, has begun preliminary outreach to some of Wall Street’s largest investment firms to gauge interest in financing Ukraine’s postwar reconstruction, reported the New York Post.
According to the report, Kushner met this week with executives from Apollo Global Management, led by Marc Rowan, and KKR, co-founded by Henry Kravis, to discuss potential participation in a reconstruction fund aimed at rebuilding Ukraine’s infrastructure and economy once the war ends. The meetings were described as exploratory and took place Wednesday in New York, including at offices in Manhattan’s Hudson Yards.
Although Kushner does not currently hold a formal government position, sources cited in the report said the discussions focused on how private-sector capital could be mobilized to support large-scale rebuilding efforts after hostilities conclude. People familiar with the talks cautioned that they remain at an early stage and may not result in a finalized agreement.
On the same day as the meetings, Kushner also participated in a high-level call that included BlackRock Chief Executive Larry Fink, Trump special envoy Steve Witkoff, Treasury Secretary Scott Bessent, and Ukrainian President Volodymyr Zelenskyy, according to a statement from Ukraine’s presidential office.
BlackRock had previously paused plans for a multibillion-dollar Ukraine Development Fund in July amid uncertainty over how the Trump administration would approach ending the conflict. The report said the firm is now considering reviving the concept, potentially in coordination with the World Bank, with an aim of attracting up to $400 billion in private investment for Ukraine’s reconstruction.
One source briefed on the discussions told the Post that the effort is not expected to generate significant profits, characterizing it instead as a strategic or public-service-oriented initiative. “This is not a huge money maker,” the source said, adding that firms involved would likely be expected to accept lower returns.
The reported initiative has raised concerns among some European allies that American-backed firms could dominate future reconstruction contracts. The Trump administration has already signaled support for involving U.S. private-sector partners through the U.S. International Development Finance Corp., which pledged $75 million in equity in September to help launch investment in Ukraine’s critical minerals, energy, defense, and infrastructure sectors. Ukrainian officials are expected to match that contribution, bringing the initial total to $150 million.
Ukrainian leaders, including Prime Minister Yulia Svyrydenko, are expected to hold intensive talks this weekend on both the U.S.-backed peace proposal and longer-term plans for rebuilding the country after years of war.
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