The status of an independent Ukraine became the focus of much fake news reporting by the Washington Post to drive a wedge between President Donald Trump's efforts to improve relations with the Russian Federation following the disastrous foreign policy of President Barack Obama, which created a "zone of chaos" throughout the Middle East, North Africa, and the Caucus region. Patrick Ho, who headed a "think tank" funded by Ye and whom Hunter calls "the spy chief of China," was arrested in New York for bribing UN and African officials three months earlier. Under indictment for 19 murders, he disappeared. Hunter co-founded the investment firm five months after his father moved into the White House and incorporated it in his father's home state of Delaware . [P]lease have keys made available for new office mates, Hunter Biden wrote in the email before listing Joe Biden, his stepmother Jill Biden, his uncle Jim Biden and Gongwen Dong, who he identified as the emissary for the chairman of CEFC. Learn more about the cookies we use. The Massachusetts-based firm is headed by James Bulger, the nephew of the notorious mob hitman James Whitey Bulger. A new report claimed that Hunter Biden and a former aide to Joe Biden invested in a Chinese company with ties to the Chinese Communist Party.. "Why was a foreign company, that was being investigated by the Ukrainian General Prosecutor's office for corruption, suddenly retain & solicit high profile US persons affiliated with government and pay them such large sums of money? [8], In 2018 Devon Archer was convicted on securities fraud and conspiracy charges.[9][10]. Bank loans and deals often occur within the context of a government goal. I would ask the Biden family to address the American people and outline the facts so I can go back to being irrelevant and so I am not put in a position to have to answer those questions for them. Hunter Biden (left) with father Joe Biden following the inauguration ceremony of President Barack Obama, Jan. 20, 2009. The entry for Hunter Biden's investment firm Rosemont Seneca Partners was censored from Wikipedia on Wednesday allegedly because it was "not notable" and a "magnet for conspiracy theories.". My fellow board members your insistence on control of my capital in my account for my company is counter productive in the extreme. From his perspective, the timing couldnt have been better. An associate of Ye, Patrick Ho, was arrested in New York for bribing UN and African officials. Hunter Biden launched a consulting firm in 2008. 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.. The censoring took place on Wednesday. The other JB referenced in that email is Jim Biden, Joes brother. industries Portfolio Management: Rosemont Seneca Part. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. 2023 NYP Holdings, Inc. All Rights Reserved, questions surrounding his overseas business dealings, Government misinfo has sparked a steep decline in the publics trust, Four Hunter Biden associates helping House GOP probe, Comer says, Hunter Biden advised Joes office on answering Burisma queries: emails, Russian billionaires who shopped for US property with Hunter Biden and dined with Joe dodge sanctions, co-founder Larry Sanger now says the site can not longer be trusted. , SWFI has 1 personal contacts available for CSV Export. Given my long standing service and devotion to this great country, I could no longer allow my familys name to be associated or tied to Russian disinformation or implied lies and false narratives dominating the media right now. Description. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. That same year, Chris graduated from Yale, and then went on to get his MBA from Harvard Business School. I could go on but I dont think it necessary. The three friends established a series of related LLCs. Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. However, this can result in some functions no longer being available. Thornton Groups 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).. Thank you in advance for your cooperation. Chris, his brothers, and his mother inherited a large chunk of the familys vast ketchup fortune, including a network of investment funds and a Pennsylvania estate, among other properties. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. But with whom their sons cut lucrative deals while the elder two were steering the ship of state is more of a surprise. This afternoon I received a request from the Senate Committee on Homeland Security and Government Affairs and the Senate Committee on Finance requesting all documents relating to my business affairs with the Biden family as well as various foreign entities and individuals. Jim Biden sent a list of key domestic contacts for phase one target projects.[20] The list includes Sen. Kamala Harris, D-Calif.; Senate Minority Leader Chuck Schumer, D-N.Y.; Sen. Amy Klobuchar, D-Minn.; Sen. Dianne Feinstein, D-Calif.; Sen. Kirsten Gillibrand, D-N.Y.; New York Gov. So their sons going into business together in June 2009 was not exactly a bolt out of the blue. The partnership, Bohai Harvest RST, is actually a subsidiary of the Bank of China. Rather than set up shop in New York City, the financial capital of the world, Rosemont Seneca leased space in Washington, DC. I take great pride in the time my family and I served this country. former president of Hunter's now-dissolved firm Rosemont Seneca, made 19 trips to the White House from 2009 to 2015. 2023 NYP Holdings, Inc. 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The Senate report details a series of transfers and transactions worth millions of US dollars between CEFC, Hudson West and the Bidens. [35] According to The Hill Biden's firm, Rosemont Seneca Partners, was receiving regular paymentsusually more than $166,000 a monthfrom Burisma. Their offices would be less than a mile from John and Teresa Kerrys 23-room Georgetown mansion, and just two miles from both Joe Bidens office in the White House and his residence at the Naval Observatory. Hunter Biden called Joe Biden and his Chinese business partner office mates in a September 21, 2017, email to the general manager of the House of Sweden office building. Having watched the president flee Ukraine for his life, currying favor with the Obama administration was paramount for Zlochevsky. A Wiki editor told the Post that Hunter's firm . Wikipedia deleted the entry on Rosemont Seneca Partners, claiming it was "not notable." An editor claimed that the page was a "magnet for conspiracy theories about Hunter Biden." Rosemont Seneca received foreign money, including $142,300 used to purchase a sports car for use by Hunter Biden, and a federal investigation into the legality . Financial reports show that, in Jun. Though the entire size of the fund cannot be reconstructed, a co-founder who is now detained in China, reports that Bohai Harvest RST is not the $11.5 billion reported, but rather $6.5 billion. For a small firm like Rosemont Seneca with no track record, it was an impressive level of access to Chinas largest financial players. What few campaign contributions I have made in my life were to Democrats. Hunter Biden Firm Rosemont Seneca Invested in Firm Tied to Ukrainian Biolabs. The Thornton Group and Hunter Biden's Rosemont Seneca Partners also have deep financial ties, as they were the sole American entities comprising BHR Partners, a notorious $1.5 billion investment fund that was underwritten by Chinese Communist Party-run banks and officials. Arguments to merge the story with Hunter Bidens official wikipedia page were also overruled. Last week, the New York Post reported that Wikipedia had deleted its page dedicated to Rosemont Seneca Partners, claiming that it was "not notable.". [2] The fund grew quickly. In the early 2000s, Ye was the deputy secretary of the China Association for International Friendly Contact (CAIFC), the public name for the People's Liberation Army General Political Department International Liaison Department. [1][2] The fund was named after the Rosemont Farm, the Heinz family's estate near Pittsburgh. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. His demeanor, sense of humor, and even his friendly gaffes have allowed him to form close relationships with both Democrats and Republicans. The company offers select fund investment opportunities in private equity, structured debt and real estate that provide . Over one million Muslims living in the region are now incarcerated in Chinese gulags. It was birthed less than two weeks after Hunter Biden accompanied his . I held a high level security clearance and was an instructor and then CTO for Naval Nuclear Power Training Command. Tensions in the region were on the rise. . Then, in 2009, he co-founded another company, Rosemont Seneca Partners, with Christopher Heinz, stepson of then-Sen. John . An investment fund firm based in Washington DC. "All of whom are also listed as partners in the Rosemont Seneca Fund and other affiliated Rosemont Seneca companies. Metabiota has partnered with both EcoHealth Alliance and with the Wuhan Institute of Virology. Rosemont Seneca Partners LLC is an investment management firm. It was anchored to Rosemont Capital, the alternative investment fund of the Heinz family fortune. Bobulinski verified the email as authentic, sent to him by Gilliar, and it is an accurate representation of the deal between Hunter Biden and his Chinese business partner,[13] Ye Jian Ming (alternate spelling Ye Jianming), Chairman of CEFC. Joe Biden and John Kerry have been pillars of the Washington establishment for more than 30 years. [40] Shokin said his investigation into Burisma had included plans for interrogations and other crime-investigation procedures into all members of the executive board, including Hunter Biden., In a text message from Hunter Biden to his daughter Naomi, Hunter said "Pop" takes half of his salary.[41]. Seneca Partners is an award-winning specialist SME investment and advisory business. Hunter Biden, who arrived in China aboard Air Force Two alongside the vice president and the rest of the U.S. delegation, was at the time in control of Rosemont Seneca Partners LLC., a private . 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. Ive seen Vice President Biden saying he never talked to Hunter about his business. Hunter Gatherer Rosemont Seneca Technology Partners (RSTP) was one of the main financial backers for a company called Metabiota, which partnered with the Wuhan Institute of Virology. 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. Former Vice President Biden has repeatedly lied about having any knowledge of his son Huner's dealings with Burisma. "According to The Financial Times, Rosemont Seneca Thornton is a consortium that consists of Rosemont Seneca Partners and the Thornton Group, a Massachusetts-based firm. Starting in 2014, the pair served . Photo by Drew Angerer/Getty Images. ", The Pulse goes on to state that "researchers from EcoHealth Alliance and Metabiota have also collaborated on presentations on how to 'live safely with bats' and studies linking emerging infectious disease outbreaks to wildlife trade facilities including 'wet markets.'". Provider of alternative investment and market advisory services intended to help clients align knowledge and capital with long-term investment growth initiatives. Rosemont Seneca Partners was founded in 2009 by Hunter Biden, Christopher Heinz, and Devon Archer.. Hunter Biden is the younger son of former American Vice-president and current President of the United States Joe Biden, while Christopher Heinz is the stepson of former U.S. Secretary of State John Kerry. On April 18, 2014 Biden's son, Hunter Biden was appointed to the board of directors of Burisma. The investment company co-founded by Hunter Biden has been at the heart of numerous questions surrounding his overseas business dealings. Seneca Partners supports entrepreneurs by drawing upon its experience as an advisor and an investor to provide the guidance and advice necessary to navigate the complexities of middle . The brief article was thin on details and in bad need of an overhaul, but did provide information about the companys founding by Hunter Biden, Devon Archer and Chris Heinz. According to The Financial Times, Rosemont Seneca Thornton is a consortium that consists of Rosemont Seneca Partners and the Thornton Group, a Massachusetts-based firm.In June 2009, Biden co-founded Rosemont Seneca . We've received your submission. And they put in place someone who was solid at the time."[27][28]. 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. YouTube screenshot. 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. So let's back up a bit. Washington , District of Columbia , United States 11-50 These are documented facts from Chinese corporate records such as IPO prospectuses and media, and raise very valid concerns about Biden linkages to China.[7]. 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. AVIC is a major military contractor in China. 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