File 025547
Email Chain About US-Saudi Arabia Arms Deal and Blackstone Infrastructure Fund (File 025547)
Email correspondence from May 2017 discussing a US-Saudi Arabia arms deal and Blackstone's infrastructure investment fund, with connections to potential global investment strategies.
Summary
Terje Rod-Larsen forwards an email chain to Jeffrey Epstein regarding a Financial Times article about President Trump's Saudi Arabia visit. The chain discusses a $110 billion US defense arms package and separately, Saudi Arabia's Public Investment Fund investing $20 billion into a new Blackstone infrastructure fund, with an additional $20 billion from other investors. Richard Nawrot highlights this Blackstone-SAMA arrangement as a precedent for a proposed global investment fund focused on airport infrastructure.
From: Terje Rod-LarsenSent: 5/27/2017 11:19:59 AMTo: Jeffrey Epstein [Jeeyacation@gmail.com]Subject: Fwd: US Saudi Arms deal but Note Blackstone Infrastructure Fund with SAMAImportance: HighSent from my iPhoneBegin forwarded message:From: Richard John Nawrot _____________Date: May 23, 2017 at 15:13:12 GMT+4To: Terje Rod-LarsenCc: Andreas Kraus <>, George Henderson <Subject: US Saudi Arms deal but Note Blackstone Infrastructure Fund with SAMATerje, the attached article appeared in todays FT, I have removed the defence part related to the US$110bn armsdeal but highlighted the separate deal done with Blackstone to establish a fund for US infrastructure this is akin/ precedent to what we seek to achieve with SAMA focused on global investment fund in Airport Infrastructure— Best Richard.US President Donald Trump began his first foreign trip with a stop in Saudi Arabia, where a $nobnarms package was announced that the White House hopes will help Saudi Arabia and other gulf statescombat terrorism in the region and ward off threats from Iran.US defence companies lifted by Saudi dealsLockheed Martin and Boeing stand out after Saudi Arabia signs aflurry of dealsSeparately, the kingdom's sovereign wealth fund has alsoannounced a large investment in US infrastructurethrough a new Blackstone fund. The sovereign PublicInvestment Fund intends to invest $2obn intoBlackstone's new vehicle, with a further $2obn comingfrom other investors. The group's stock price rose 6.7 percent to $31.88.HOUSE OVERSIGHT 025547