Ye and his associate Gongwen Dong (aka "Kevin"), applied to a bank and opened credit lines for a business named Hudson West III LLC, giving Hunter, Joe Biden's brother James Biden (and James wife Sarah Biden), credit cards which the Bidens used to buy extravagant items. In June 2009, Biden co-founded Rosemont . AVIC is a major military contractor in China. This umbrella eventually led to a study on bat infectious diseases in China. Rosemont Seneca Partners has 2 current employee profiles, including Founder Christopher Heinz. I am the CEO of Sinohawk Holdings which was a partnership between the Chinese operating through CEFC/Chairman Ye and the Biden family. He was the longtime leader of the Massachusetts state Senate and, with their long overlap by state and by party, a political ally of Massachusetts Senator John Kerry. James Bulgers father, Whiteys younger brother, Billy Bulger, serves on the board of directors of the Thornton Group. The need to refurbish Burisma's tattered image, as well as his own, prompted Zlochevsky to resort to forking over large sums of money to win friends in Washington, D.C.. Hunter Biden and the Atlantic Council were soon to become two of his best friends. Headquarters Location. The Bank of China provides capital for Chinas economic statecraft, as scholar James Reilly puts it. Metabiota has partnered with both EcoHealth Alliance and with the Wuhan Institute of Virology. An investment fund firm based in Washington DC. Wikipedia Deletes Entry for Rosemont Seneca Partners, Claims Hunter Biden-Linked Page Is a 'Magnet' for Conspiracies. Co-founder and Managing Partner. The Senate report details a series of transfers and transactions worth millions of US dollars between CEFC, Hudson West and the Bidens. The company reportedly made the already chaotic situation worse, prompting, Dear Hunter, thank you for inviting me to DC and giving an opportunity to meet your father and spent [sic] some time together. It has been revealed that Rosemont Seneca Technology Partners (RSTP), of which Hunter Biden was managing director, was one of the main financial backers for a company that partnered with the Wuhan Institute of Virology, Metabiota. Hunter Biden (left) with father Joe Biden following the inauguration ceremony of President Barack Obama, Jan. 20, 2009. Rosemont Seneca Partners is business development and policy advisory firm focused on the infrastructure. It was anchored by the Heinz family alternative investment fund, Rosemont Capital. 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. Ive seen firsthand that thats not true, because it wasnt just Hunters business, they said they were putting the Biden family name and its legacy on the line. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. The firm partnered with the Thornton Group run by James Bulger,[4] and the Bank of China, to form Bohai Harvest RST (BHR) in China. 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. Hunter's stake, as of 2020, is worth at least $50 million if he were to sell it. Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend. 2009- : Rosemont Seneca Partners LLC. Formed in 2010, and headquartered in the North West of England, the management team have extensive experience . By Jack Davis April 24, 2022 at 2:38pm . "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? Under US law if the Chairman and equity holder of a corporation partnered with a US LLC (Owasco) through ownership of his wholly owned US llc (Hudson West) was in reality and practice using CEFC employees and money to operate a privately held company there would be an enormous conflict of interest. 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 . 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. Hunter Biden co-founded a firm called Rosemont Seneca in 2009, but the partnership with Thornton even though it uses the Rosemont Seneca name could exist without other partners in Rosemont . Zlochevsky had served as the environment minister under Yanukovych, handing out gas licenses to cronies. Washington, DC, 20007, United States (202)333-1880 Among the researchers listed is Shi Zhengli, the Wuhan lab director. 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. An associate of Ye, Patrick Ho, was arrested in New York for bribing UN and African officials. [5], The Bank of China is owned by the Chinese government and closely connected with the Chinese military and intelligence services. Using the lowest number of payments for "JRB," we found that for the cost of Joe's phone line(s) ($190), that amounts to over $25,000. RSTP's website, www.rstp.com, no longer exists. 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. The Massachusetts-based firm is headed by James Bulger, the nephew of the notorious mob hitman James Whitey Bulger. Hunter Biden called his dad the Big Guy or my Chairman, and frequently referenced asking him for his sign-off or advice on various potential deals that we were discussing. According to BHR internal documents, the Henniges deal included arduous and often-times challenging negotiations. The CFIUS review in 2015 included representatives from numerous government agencies including John Kerrys State Department. The two often talked on matters of foreign policy, says Jules Witcover in his Biden biography. A Wiki editor told the Post that Hunter's firm . All expenses submitted will be reviewed for any obvious error in the moment and a accountant hired by HW3 will review when preparing HW3 taxes. ", "Explainer: Trump's claims and Hunter Biden's dealings in China", "The gas tycoon and the vice president's son: The story of Hunter Biden's foray into Ukraine", "Judges Revive Conviction of Hunter Biden's Ex-Business Partner", "Court reinstates fraud conviction for Hunter Biden business partner", article "Rosemont Seneca Partners" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Rosemont_Seneca_Partners&oldid=2376241, Pages with citations using unsupported parameters. [3] This section's factual accuracy is disputed. [1] It was anchored to Rosemont Capital, the alternative investment fund of the Heinz family fortune. You can change these settings at any time. WHO outbreak expert Dr. Eric Bertherat wrote to colleagues in a July 17, 2014, email about misdiagnoses and total confusion at the Sierra Leone government lab Metabiota shared with Tulane University in the city of Kenema. Former Managing Director and co-founder of RSTP Neil Callahan a name that appears many times on Hunter Bidens hard drive also sits on Metabiotas Board of Advisors. [23] Financial reports reveal that RSTP led the companys first round of funding, which amounted to $30 million. Rosemont Seneca Technology Partners (RSTP) was an offshoot of Rosemont Capital, an . Hunter Biden Firm Rosemont Seneca Invested in Firm Tied to Ukrainian Biolabs. A A. Wikipedia editors earlier this week removed an entry on Hunter Biden's investment firm Rosemont Seneca Partners because it was "not notable," archived comments from the Talk Page revealed. 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. Critics said the Rosemont decision showed a double standard. So their sons going into business together in June 2009 was not exactly a bolt out of the blue. I have only employees that work for me in DC. CEFC China Energy had assets of $263 billion in 2015. Tensions in the region were on the rise. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. 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. I believe, hands down, we live in the greatest country in the world. 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. industries Portfolio Management: Rosemont Seneca Part. One of Hunter Biden's prominent business partners met with President Joe Biden at the White House during his tenure as vice president, according to a new report by the New York Post. [11] One email, dated May 13, 2017, and obtained by Fox News, includes a discussion of 'remuneration packages' for six people in a business deal with the Chinese energy firm. Rosemont Seneca and the Bank of China created a $1 billion investment fund called Bohai Harvest RST (BHR), a name that reflected who was involved. 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. All players on the Chinese side of the partnership are linked with influence and intelligence organizations. 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. Some of the deals they secured may remain hidden. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown.