Kushners, Saudis and Blackstone: Behind the Deals

When Saudi Arabia announced last week a $20-billion investment in a U.S. infrastructure fund managed by Blackstone Group LP, many noticed that it came shortly after presidential son-in-law Jared Kushner personally negotiated a $110-billion arms sale to the country. What went unnoticed -- and is largely unknown -- is how important Blackstone is to the Kushner family company.