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One example: the little-noticed private equity firm run by the sons of Democrats Joe Biden and John Kerry, as detailed in this exclusive first excerpt. Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. It operates “under the direct control of the State Council” and produces a wide array of fighter and bomber aircraft, transports, and drones — primarily designed to compete with the United States. He has worked as a consultant, lobbyist, and hedge fund owner. By the summer of 2009, the 39-year-old Hunter joined forces with the son of another powerful figure in American politics, Chris Heinz. Do Not Sell My Personal Information. These Rosemont entities are, after all, within a private equity firm and as such are not required to report or disclose their financial dealings publicly. The Bank of China provides capital for “China’s economic statecraft,” as scholar James Reilly puts it. The Massachusetts-based firm is headed by James Bulger, the nephew of the notorious mob hitman James “Whitey” Bulger. 12/24/2018. Facebook. Disney Fires Actress Gina Carano After Post on Twitter ; Full NABU leak on Biden; Japanese sub … Post was not sent - check your email addresses! 3/21/2018. The “RS” referred to Rosemont Seneca. “Apparently Devon and Hunter both joined the board of Burisma and a press release went out today,” wrote Heinz, hours after Biden’s appointment to the board was made public, according to the Washington Examiner . Biden is one of the most popular politicians in our nation’s capital. As he reminds the American people on regular occasions, he has little wealth to show for his career, despite having reached the vice presidency. In September 2015, when AVIC bought 51 percent of American precision-parts manufacturer Henniges, the other 49 percent was purchased by the Biden-and-Kerry-linked BHR. Thanks for contacting us. His demeanor, sense of humor, and even his friendly gaffes have allowed him to form close relationships with both Democrats and Republicans. The Obama administration had instituted the “Asia Pivot” in its international strategy, shifting attention away from Europe and toward Asia, where China was flexing its muscles. The small fund grew quickly. Recent Posts. Excerpted with permission from “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” by Peter Schweizer, published by Harper Collins. Of the various deals in which these Rosemont entities were involved, one of the largest and most troubling concerns was Rosemont Seneca Partners. Rosemont Seneca Partners Joe Biden’s Transition Aide Helped Steer $3M to Hunter Biden-Linked Firm A top aide to former Vice President Joe Biden’s transition team once helped steer $3 million in taxpayer dollars to a Hunter Biden-linked venture capital firm. The most powerful financial institution in China, the government’s Bank of China, was setting up a joint venture with Rosemont Seneca. 42,964, © 2021 NYP Holdings, Inc. All Rights Reserved Vice President Biden, Hunter Biden and Finnegan arrived to a red carpet and a delegation of Chinese officials. Rosemont Farm is the name of the Heinz family’s 90-acre estate outside Fox Chapel, Pennsylvania. That same year, Chris graduated from Yale, and then went on to get his MBA from Harvard Business School. Hunter Biden, Joe Biden’s son, helped facilitate China’s acquisition of Henniges, which built military technologies, said Peter Schweizer. That transaction included Rosemont Seneca Partners, a company formed in 2009 by Hunter Biden, Christopher Heinz, and others.” The letter goes on to state that “in December of 2013, one month after Rosemont Seneca’s joint venture with Bohai Capital to form BHR, Hunter Biden reportedly flew aboard Air Force Two with then-Vice President Biden to China. Thornton Group’s account of the meeting on their Chinese-language website was telling: Chinese executives “extended their warm welcome” to the “Thornton Group, with its US partner Rosemont Seneca chairman Hunter Biden (second son of the now Vice President Joe Biden).”. A Tuesday New York Times article confirms revelations in Peter Schweizer’s bestselling book ‘Secret Empires’ regarding the $1.5 billion deal Hunter Biden’s private equity firm secured from the state-owned Bank of China while his father was vice president; however, the Times omits key details that call into question statements made by Biden’s associates about the foreign financial deals engulfing his father’s 2020 presidential campaign in scandal. “Lunch Bucket Joe” he ain’t; Kerry is more patrician than earthy. “The partners [Biden, Archer and Heinz] attached several branches to the Rosemont Capital trunk, including Rosemont Seneca Partners, LLC, Rosemont Seneca Technology Partners, and Rosemont Realty. In May 1995, his mother, Teresa, married Senator John Kerry of Massachusetts. Terms of Use Less than a year after opening Rosemont Seneca’s doors, Hunter Biden and Devon Archer were in China, having secured access at the highest levels. The company also has a long history of stealing Western technology and applying it to military systems. Where Hunter Biden spent the rest of his time on the trip remains largely a mystery. Trump jokes about making up facts during Trudeau meeting, This story has been shared 74,111 times. From his perspective, the timing couldn’t have been better. In 2014, he was recruited to the board of Ukrainian energy company Burisma Holdings, serving until his term expired in April 2019. There was a second known meeting with many of the same Chinese financial titans in Taiwan in May 2011. Their work began at least in 2009, with the creation of Rosemont Seneca Partners with [Chris] Heinz, Secretary of State John Kerry’s stepson. Related Posts Leave A Comment Cancel reply. It was anchored by the Heinz family alternative investment fund, Rosemont Capital. There are actually more reports of his daughter Finnegan’s activities than his. For a small firm like Rosemont Seneca with no track record, it was an impressive level of access to China’s largest financial players. What Hunter Biden, the son of America’s vice president, and Christopher Heinz, the stepson of the chairman of the Senate Committee on Foreign Relations (later to be secretary of state), were creating was an international private equity firm. At the time, Hunter Biden, now 49, and Christopher Heinz, the stepson of then-Secretary of State John Kerry, co-owned Rosemont Seneca Partners, a $2.4 billion private equity firm. TRUTH LIVES on at https://sgtreport.tv/ Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. The Bank of China is government-owned, which means that its role as a bank blurs into its role as a tool of the government. Hunter Biden, Joe Biden’s son, and Christopher Heinz, John Kerry stepson, formed Rosemont Seneca Partners, a private equity firm in 2009 with their friend, Devon Archer. Your California Privacy Rights Glue as I do: Salon owner admits he’s been using Gorilla Glue on clients... Bam Margera seeking treatment after alarming 'Jackass' boycott videos, Bill Gates' daughter jokes on social media about getting COVID-19 vaccine, A-Train Ripper: Serial killer loose on subway, say cops. Under indictment for 19 murders, he disappeared. The fund enjoyed an unusual and special status in China. [Hunter] Biden and [business partner Devon] Archer found willing partners in Chinese national connected to the communist regime. Anti-vibration technologies are considered “dual-use” because they can have a military application, according to both the State Department and Department of Commerce. But the two men became close while serving for several decades together in the US Senate. Hunter and Finnegan Biden joined the vice president for tea with US Ambassador Gary Locke at the Liu Xian Guan Teahouse in the Dongcheng District in Beijing. His role with Burisma led to an election-year Senate Republican corruption investigation, which eventually cleared him and his father of wrongdoing. Whitey was the leader of the Winter Hill Gang, part of the South Boston mafia. A $1.5 billion sweetheart deal Hunter Biden’s private equity firm secured from the state-owned Bank of China is “looming on the horizon” as a potential line of attack against his father’s 2020 presidential campaign, according to Vanity Fair’s Tina Nguyen. Some of their transactions are nevertheless traceable by investigating world capital markets. BHR touted its “unique Sino-US shareholding structure” and “the global resources and network” that allowed it to secure investment “opportunities.” Funds were backed by the Chinese government. Henniges is recognized as a world leader in anti-vibration technologies in the automotive industry and for its precise, state-of-the-art manufacturing capabilities. A troubling pattern emerges from this research, showing how profitable deals were struck with foreign governments on the heels of crucial diplomatic missions carried out by their powerful fathers. T Mr. Biden is also an Adjunct Professor at Georgetown University's Masters Program in the School of Foreign Service. Hans von Spakovsky, senior legal fellow at the Heritage Foundation, asked why the FBI is not investigating the financial relationship between Hunter Biden, Joe Biden’s second son, and the government of China. Nine of those 11 wire transfers were first sent to Rosemont Seneca Partners, the investment firm founded by Biden and Chris Heinz, stepson of former Secretary of State John Kerry, before being transferred to BAK USA. Often those foreign entities gained favorable policy actions from the United States government just as the sons were securing favorable financial deals from those same entities. AVIC is a major military contractor in China. Of the various deals in which these Rosemont entities were involved, one of the largest and most troubling concerns was Rosemont Seneca Partners.” Seneca Partners Limited Investment Management Haydock, Merseyside ... 149 followers on LinkedIn. He is a founding partner at an investment and consulting firm Rosemont Seneca Partners. headlined “THE BILLION DOLLARS CORRUPTION: HOW THE TOP-OFFICIALS OF UKRAINE AND THE USA HAVE BEEN STEALING THE PUBLIC MONEY”. Neil Callahan is Managing Director/Co-Founder at Pilot Growth Equity Partners. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown. At another point, it alleges: "On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a … ReddIt. Sorry, your blog cannot share posts by email. Greeted by Chinese children carrying flowers, the delegation was then whisked to a meeting with Vice President Li Yuanchao and talks with President Xi Jinping. The partners attached several branches to the Rosemont Capital trunk, including Rosemont Seneca Partners, LLC, Rosemont Seneca Technology Partners, and Rosemont Realty. In short, the Chinese government was literally funding a business that it co-owned along with the sons of two of America’s most powerful decision makers. Joe Biden and John Kerry have been pillars of the Washington establishment for more than 30 years. Bank loans and deals often occur within the context of a government goal. Hunter Biden, Vice President Joe Biden’s youngest son, had gone through a series of jobs since graduating from Yale Law School in 1996, including the hedge-fund business. Facebook Twitter LinkedIn Reddit Pinterest. Many of them would have serious national security implications for the United States. Rosemont Seneca Partners, LLC, a subsidiary of Rosemont Capital, was owned and operated by Christopher Heinz, Jr. (John Kerry’s stepson), Devon Archer (former roommate of Christopher Heinz, Jr.), and Hunter Biden (Joe Biden’s son). The Bank of China is an enormously powerful financial institution. But it was the visit to China that had the most potential to generate conflict and controversy. Tensions in the region were on the rise. James Bulger’s father, Whitey’s younger brother, Billy Bulger, serves on the board of directors of the Thornton Group. I It was anchored to Rosemont Capital, the alternative investment fund of the Heinz family fortune. 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All Rights Reserved, Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, Best Presidents Day sales 2021: 32 huge deals from top brands, Nordstrom Rack takes up to 75% off clearance items for Clear The Rack sale, Best Presidents Day furniture sales 2021: 16 deals on beds, couches, more, Sephora takes 50 percent off top beauty products for Presidents Day sale, Best moisturizers for dry skin 2021: 29 expert-approved face products, Random act of kindness brings woman to tears. He was later arrested, tried, and convicted. Here are 10 facts … AVIC has also been accused of stealing US drone systems and using them to produce their own. The year before BHR joined with AVIC, the Wall Street Journal reported that the aviation company had stolen technologies related to the US F-35 stealth fighter and incorporated them in their own stealth fighter, the J-31. For Hunter Biden, the trip coincided with a major deal that Rosemont Seneca was striking with the state-owned Bank of China. The timing of this meeting was also curious. On one of the first days of December 2013, Hunter Biden was jetting across the Pacific Ocean aboard Air Force Two with his father and daughter Finnegan. The new firm would be populated by political loyalists and positioned to strike profitable deals overseas with foreign governments and officials with whom the US government was negotiating. It occurred just hours before Hunter Biden’s father, the vice president, met with Chinese President Hu in Washington as part of the Nuclear Security Summit. And it was just two weeks after Joe Biden had opened up the US-China strategic dialogue with Chinese officials in Washington. Rosemont Group Capital Partners LLC | 150 følgere på LinkedIn | Rosemont Group Capital Partners is a privately owned holding company founded in 2003. Joe Biden’s family’s businesses include dealings in China, Costa Rica, Iraq, Russia, and Ukaine, explained Peter Schweizer to Breitbart News. Rosemont Seneca … But the Bank of China is very different from the Bank of America. Rosemont Capital has a affiliate called Rosemont Seneca Partners, formed by Hunter Biden, Devon Archer, a longtime friend of former Secretary of State John Kerry and of stepson Chris Heinz and James Bulger, the nephew of notorious Boston gangster “Whitey” Bulger. In 2015, BHR joined forces with the automotive subsidiary of the Chinese state-owned military aviation contractor Aviation Industry Corporation of China (AVIC) to buy American “dual-use” parts manufacturer Henniges. Hunter Biden launched a consulting firm in 2008. The partnership, Rosemont Seneca Boa, is associated with their Rosemont Seneca Partners LLC. According to his LinkedIn page ... in co-founding financial services company Rosemont Seneca Partners in 2009. Your Ad Choices Partner at Rosemont Seneca Partners Washington D.C. Metro Area 61 connections. A top aide to former Vice President Joe Biden’s transition team once helped steer $3 million in taxpayer dollars to a Hunter Biden-linked venture capital firm. While Joe Biden dismisses the economic and national security threat posed by China, his son has profited from financial ties to the communist regime, the New York Post editorial board argues in a Monday op-ed. Archer was Heinz’s college roommate and managing partner at the private equity firm Biden and Heinz co-owned, Rosemont Seneca Partners. TheNationalist - November 1, 2020. Blinken appeared a handful of times in emails found on Hunter Biden’s laptop agreeing to advise Hunter Biden when Hunter worked at the scandal-plagued firm Rosemont Seneca Partners… R. Hunter Biden -- Mr. Biden serves as Managing Partner at Rosemont Seneca Partners, Chairman at Rosemont Seneca Advisors and is of counsel at Boies Schiller Flexner LLP. The book goes on sale March 20. Telegram. Do Not Sell My Personal Information, Your California Privacy Rights 0. A lawyer by trade, he is also a founder of the investment and advisory firm Rosemont Seneca Partners. Emails: Hunter Biden’s Business Partners Discussed Joe Biden’s “Earnings Potential” By. Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend. Join to Connect Rosemont Seneca Partners. The purpose of the meetings was to “explore the possibility of commercial cooperation and opportunity.” Curiously, details about the meeting do not appear on their English-language website. Senator John Heinz of Pennsylvania had tragically died in a 1991 airplane crash when Chris was 18. Hunter Biden (left) with father Joe Biden following the inauguration ceremony of President Barack Obama, Jan. 20, 2009. Washington , District of Columbia , United States 11-50 Linkedin. Often those foreign entities gained favorable policy actions from the United States government just as the sons were securing favorable financial deals from those same entities. 12/3/2018. Rosemont Seneca Partners is business development and policy advisory firm focused on the infrastructure. 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Goldman: Joe Biden Is Either ‘Bribed,’ ‘Blackmailed,’ or ‘Stupid’ to Dismiss China Threat, Exclusive – Steve Hilton: Joe Biden ‘Has Taken Billions of Dollars in Bribes from the Chinese Government’, NYT Confirms Hunter Biden Bank of China Deal, Leaves Out Key Details, Hans von Spakovsky: FBI Should Be Looking into Hunter Biden’s ‘Billion-Dollar Deal’ with China, NY Post Editorial Board: Joe Biden Dismisses China Threat as His Son Profits from It, Vanity Fair: Hunter Biden’s $1.5 Billion Bank of China Deal ‘Looming on the Horizon’ as Campaign Scandal. The vice president was heading to Asia on an extended official trip. The offshore based group has a varied portfolio of business interests; from the renewable energy sector to financial advisory and management sector, as well within the luxury goods and services industry. June 28, 2018: Devon Archer, who co-founded Rosemont Seneca Partners with Hunter Biden back in 2009, ... Facebook Twitter Reddit LinkedIn WhatsApp Tumblr Pinterest Vk Xing Email. Company profile page for Rosemont Seneca Partners LLC including stock price, company news, press releases, executives, board members, and contact information A year later, the two partners in RST, a consortium of Rosemont Seneca and Thornton Group, a Massachusetts-based firm with local political ties, split their shares in BHR. Some of the deals they secured may remain hidden. An interesting email dispatched from Eric Schwerin, a Hunter Biden business associate at Rosemont Seneca, discusses the financial interests that Joe Biden might have with their organization. But with whom their sons cut lucrative deals while the elder two were steering the ship of state is more of a surprise. For example, from the NABU or National Anti-Corruption Bureau of Ukraine: The … Hunter Biden’s business associates spoke candidly in emails about Hunter Biden’s role in the business, particularly as it related to foreign ventures, apparently viewing the Biden name as a form of “currency,” and bragging that they had a “direct…pipeline” to the Obama-Biden Administration. Whitey Bulger’s brother, William Bulger was a member of the Massachussetts State Senate and a major political ally of John Kerry. The American delegation was visiting Japan, China, and South Korea. Steve Hilton told Breitbart News that Joe Biden’s “personal corruption” includes “billions of dollars in bribes from the Chinese government.”. Hunter Biden was on the board of Burisma Holdings. The three friends established a series of related LLCs. Their offices would be less than a mile from John and Teresa Kerry’s 23-room Georgetown mansion, and just two miles from both Joe Biden’s office in the White House and his residence at the Naval Observatory. 43,904, This story has been shared 42,964 times. The actual investment deals that this partnership made were even more problematic. One of his closest political allies in Washington is former senator and former Secretary of State John Kerry. Chris Heinz (left) with John Kerry at a campaign fundraiser, April 16, 2004. Tony Blinken, the Biden administration’s nominee for Secretary of State, managed a Joe Biden project that received millions of anonymous Chinese donor dollars. 48,251, This story has been shared 43,904 times. As the Obama-Biden administration hit the halfway point of its inaugural year, Hunter Biden co-founded Rosemont Seneca Partners, an investment fund, along with Christopher Heinz — the stepson of Obama’s future Secretary of State John Kerry — and Devon Archer, a former Kerry adviser. Joe Biden’s dismissal of China as a threat to America is a function of bribery, blackmail, or stupidity, speculated David P. Goldman. Rosemont Group Capital Partners is a privately owned holding company founded in 2003. Seneca Partners is an active independent sponsor that focuses on lower-middle market companies in manufacturing, business services, healthcare services, tech services, B to C and specialty finance. A new report by the Senate Homeland Security Committee indicates that Hunter Biden’s private equity firm received $3.5 million from one of Russia’s most “powerful” female oligarchs in 2014. We've received your submission. Rosemont Seneca Partners had been negotiating an exclusive deal with Chinese officials, which they signed approximately 10 days after Hunter visited China with his father. Hunter Biden is an American lawyer and is best known for being the second son of Joe Biden. March 15, 2018 | 8:52am | Updated March 15, 2018 | 9:30am. “My frustration,” writes Peter Schweizer in his new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” “is not that the solid reporting on Trump has been too tough, but that the reporting on the Obama administration has been way too soft or in some cases nonexistent.” The author of the 2016 sensation “Clinton Cash” says Trump and his children didn’t invent the blurring of government and business, and details a number of ethical violations on both sides of the political aisle. Twitter. For that reason, the Henniges deal would require the approval of the Committee on Foreign Investment in the United States (CFIUS), which reviews sensitive business transactions that may have a national security implication. 54,273, This story has been shared 48,251 times. The two “often talked on matters of foreign policy,” says Jules Witcover in his Biden biography. See Neil Callahan's compensation, career history, education, & memberships. Pinterest. All 11 transactions described the payments as “Loan Agreement” in the details section. According to an email revealed as part of a Securities and Exchange Commission investigation, Rosemont described themselves as “a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz,” with Devon Archer as “Managing Partner.”.
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