The latest in the saga is that Eric Schwerin, one of Hunter's partners at Rosemont Seneca, is spilling the beans about the Biden crime family to Congress. The email also sets forth the equity stake of various people, including 20% for Hunter, 10% for James Biden, Joes brother, and 10% held by H for the big guy.[17] Mr. Bobulinski says he was recruited by Hunter Biden and James Gilliar to be CEO of the partnership between the Biden family members, Joe, Jim, Hunter, and CEFC Chairman Ye Jian Ming. But the Bank of China is very different from the Bank of America. Among the companies listed on archived versions of the firms portfolio is Metabiota, a San Francisco-based company that purports to detect, track, and analyze emerging infectious diseases, according to The National Pulse. About us. Biden was a founding board member of BHR Partners . 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 . Please help to ensure that disputed statements are, Learn how and when to remove this template message, "Pittsburgh's charms attract another young professional: Christopher Heinz: Farewell, NYC", "Fact check: Claims that Hunter Biden received $3.5M from Russia are unproven, lack context", "Will Hunter Biden Jeopardize His Father's Campaign? If my expenses as submitted are not wired into the Owasco account today I will file an injunction to freeze all HW account at Cathay Pacific and simultaneously seek a determination of control of HW3. Later he was Minister of Foreign Affairs when the Bohai Harvest RST investment partnership was made official in 2013. The New York Post reported, "Eric Schwerin met with Vice President Biden on November 17, 2010, in the West Wing, when he was the president of the since-dissolved investment fund Rosemont Seneca Partners." The report added, "The logs also reveal that Schwerin met with various close aides of both Joe and Jill Biden at key moments in Hunter's . I take great pride in the time my family and I served this country. [9] I have complete authority as to who I hire and who I fire. [3], Five months into the Obama administration in June 2009 Hunter Biden and Chris Heinz, stepson of Senate Foreign Relations Committee chair John Kerry formed Rosemount Seneca. It was anchored to Rosemont Capital, the alternative investment fund of the Heinz family fortune. Since 2014, Metabiota has been . The fund grew quickly. Devon Archer is 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. [1] Afterwards Ye gave Hunter a 2.8-carat diamond. Devon Archer Co-Founder, Rosemont Seneca Partners; sentenced to a year and a day in prison in bond fraud. [2] The fund grew quickly. Your insistence on control by an entity that has no legal connection to HW3 by contract or any verbal agreement will be the single biggest reason you will become even more entangled in issues that will swallow your careers for the next ten years. Im going to be leaving here in, I think it was about six hours. As Chinese ambassador to the United States when Biden chaired the Senate Foreign Relations Committee, he met regularly with Senator Biden. [1] It was anchored to Rosemont Capital, the alternative investment fund of the Heinz family fortune. Formed in 2010, and headquartered in the North West of England, the management team have extensive experience . The trunk of the tree was Rosemont Capital, the alternative investment fund of the Heinz Family Office. I myself served our country for 4 years and left the Navy as LT Bobulinski. Ye Jianming, the groups chairman, sponsors a pro-China think tank with ties to retired military intelligence officers, and does business with the militarys , "I get calls from my father to tell me that, An American company that bills itself as a pioneer in tracking emerging epidemics made a series of costly mistakes during the 2014 Ebola outbreak that swept across West Africa with employees feuding with fellow responders, contributing to misdiagnosed Ebola cases and repeatedly misreading the trajectory of the virus, an Associated Press (AP) investigation into the company found. Over one million Muslims living in the region are now incarcerated in Chinese gulags. Wikipedia editors are under fire this week for removing the entry for Rosemont Seneca Partners, the investment company connected to Hunter Biden and his alleged multimillion dollar influence peddling schemes. Having watched the president flee Ukraine for his life, currying favor with the Obama administration was paramount for Zlochevsky. CEFC China Energy had reported assets of $263 billion in 2015. "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? ", 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.'". Leadership & Staff. 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 . Rosemont Seneca Partners is an investment fund firm based in Washington DC. For information on deleting the cookies, please consult your browsers help function. This page was last edited on 31 March 2022, at 12:05. 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. In the spring of 2014, the Ukrainian Prosecutor General's Office opened an investigation at the behest of the UK prosecutors office, which was investigating money laundering allegations against its owner, former Ukrainian Ecology Minister Nikolai Zlochevsky (also known as Mykola Zlochevsky) and had just frozen $23.5 million in assets allegedly belonging to him in early April 2014. 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. Hunter Biden's Rosemont Seneca Technology Partners (RSTP) was a lead financial backer of Metabiota, a pandemic tracking and response firm that partnered with Peter Daszaks EcoHealth Alliance and the Wuhan Institute of Virology. Previously, Mr. Schwerin was Partner at Oldaker, Biden & Belair, LLP from 2002 to 2008. The RS referred to Rosemont Seneca. 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. 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 . This story has been shared 105,331 times. Per Just The News Congressional investigators have scored a major breakthrough by securing cooperation from Eric Schwerin, a close business associate of Hunter Biden who also had dealings . [23] Financial reports reveal that RSTP led the companys first round of funding, which amounted to $30 million. An archived version of BHR's website from 2014 says BHR was formed in 2013 by two Chinese asset managers alongside Rosemont Seneca Partners and Thornton Group LLC. Funds were backed by the Chinese Communist . If the media and Big Tech companies had done their jobs over the past several weeks I would be irrelevant in this story. 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. 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. The latest in the saga is that Eric Schwerin, one of Hunter's partners at Rosemont Seneca, is spilling the beans about the Biden crime family to Congress. Under indictment for 19 murders, he disappeared. 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. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown. What few campaign contributions I have made in my life were to Democrats. Hunter Biden Founder. If you refuse to sign the wire Kevin I will seek to have you removed from the board for unjust obstruction of equity holder rights. But it was the visit to China that had the most potential to generate conflict and controversy. Hunter was paid $1 million to represent Ho. 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. 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. 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. However, this can result in some functions no longer being available. As for a Cefc accountant going over my expense report I will personally sue you Kevin and the accountant if you forward my expense to them. The investment company co-founded by Hunter Biden has been at the heart of numerous questions surrounding his overseas business dealings. If a Trump-linked company had its Wikipedia page wiped or one from the Russia probe, its more than a safe bet to say that CNN would be dedicating multiple reporters to following the internet trail, said Curtis Houck, Managing Editor of the Media Research Center told The Post. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. #NavyVetUnited. Biden and Archer created Rosemont Seneca Partners, a sister company to Rosemont Realty. Rosemont, co-founded by Hunter Biden, has been at the heart of controversy lately. 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. What Hunter Biden, the son of Americas 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. Advertisement - story continues below. I am the CEO of Sinohawk Holdings which was a partnership between the Chinese operating through CEFC/Chairman Ye and the Biden family. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. The three friends established a series of related LLCs. Less than a year after opening Rosemont Senecas doors, Hunter Biden and Devon Archer were in China, having secured access at the highest levels. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Biden's entire investment partnership uses Chinese state money from its social security fund to the China Development Bank. Advertising: Gather personally identifiable information such as name and location, Functionality: Remember social media settingsl Functionality: Remember selected region and country, Advertising: Use information for tailored advertising with third parties, Advertising: Allow you to connect to social sites, Advertising: Identify device you are using, Advertising: Allow you to connect to social sitesl Advertising: Identify device you are using. Facebook. The three friends established a series of related LLCs. The Bank of China provides capital for Chinas economic statecraft, as scholar James Reilly puts it. Rosemont Seneca Partners was founded in 2009 by Biden, Heinz and Heinz's college roommate and fellow financier, Devon Archer, according to the Financial Times. The vice president was heading to Asia on an extended official trip. I am not partners with CEFC. Bobulinski said that Hunter withdrew money from Sinohawk as fast as it was deposited in the bank account by the Chinese. This is not a board he should be sitting on., Dad said, I hope you know what you are doing, and I said, I do.. Some of their transactions are nevertheless traceable by investigating world capital markets. I realized the Chinese were not really focused on a healthy financial ROI. Because the chairman is unavailable and his equity according to you has been transferred to the president ( in direct violation of the LLC agreement I am certin [sic] the court will issue subpoenas for both the president and the chairman and if they refuse to comply the court will seek to pierce the corporate veil of CEFC through any of its remaining holdings in the US. We've received your submission. The fund enjoyed an unusual and special status in China. Wikipedia has tilted so far left in recent years that its co-founder Larry Sanger now says the site can not longer be trusted and has become propaganda.. Eric D. Schwerin is Founding Partner and Managing Director at Rosemont Seneca Partners, LLC, positions he has held since 2008. The two often talked on matters of foreign policy, says Jules Witcover in his Biden biography. This article "Rosemont Seneca Partners" is from Wikipedia. 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. 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. 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. Critics said the Rosemont decision showed a double standard. AVIC is a major military contractor in China. Employees Size 10-50 employees: SIC Code: 6411, 6199: DMA Code: New York Metropolitan Area: Estimated Annual Revenue . Company profile page for Rosemont Seneca Partners LLC including stock price, company news, press releases, executives, board members, and contact information 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. Financial Times described the CEFC's ties to the Chinese political establishment thusly: Ye Jian Ming was arrested by the CCP in early 2018 and has not been seen since.[19]. It was birthed less than two weeks after Hunter Biden accompanied his . I am also not a political person. Thank you in advance for your cooperation. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. 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. 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. 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. 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., Archer was convicted in Manhattan Federal Court for the fraudulent issuance and sale of more than $60 Million of tribal bonds. The site bizarrely claimed that the company was "not notable." The timing itself is notable given the new disclosure that Hunter Biden's business partner, Eric . The fund grew quickly. Where Hunter Biden spent the rest of his time on the trip remains largely a mystery. I was brought into the company to be the CEO by James Gilliar and Hunter Biden. That same year, Chris graduated from Yale, and then went on to get his MBA from Harvard Business School. An email dated May 15, 2017 from Jim Biden to Gilliar, copied to Bobulinski, Hunter and Rob Walker, was obtained by Fox News with the subject line Phase one domestic contacts/projects. 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. But the two men became close while serving for several decades together in the US Senate. Wikipedia editors removed the entry for Rosemont Seneca Partners earlier this week on the ground that it was not notable, archived comments from its Talk Page reveal. Potty-mouthed Hunter Biden was one of RSTP's co-founders and managing directors. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. James Gilliar was to get $500,000, and Rob Walker was to get $500,000. 2015, RSTP did a round of capital funding for Metabiota, which brought in around $30 million. 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. Metabiota has partnered with both EcoHealth Alliance and with the Wuhan Institute of Virology. Hunter Biden launched a consulting firm in 2008. 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. 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. 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. 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 was founded by the younger Biden, Heinz and Devon Archer. You can change these settings at any time. During a May 13, 2014, press conference, Matt Lee of the Associated Press grilled State Department spokesperson Jen Psaki about Hunter Biden's role on Burisma's board. Rosemont Seneca Partners - 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 . I know it is fact because I lived it. The payments ran from the spring of 2014 through the fall of 2015 and reportedly totaled more than $3 million. The Johnson Report connected some dots in a way that shocked me it made me realize the Bidens had gone behind my back and gotten paid millions of dollars by the Chinese, even though they told me they hadnt and wouldnt do that to their partners. That is why I am stating unequivocally with no room for no different opinions or interpretation I am not in a JV with CEFC. Thanks for contacting us. Earlier this week, Wikipedia removed the entry on Hunter Biden's investment firm Rosemont Seneca Partners. [3] This section's factual accuracy is disputed. The President of CEFC has no right reason nor ability to terminate HW3. Reimbursement of expenses is not a matter for the board. In an Aug. 5, 2011, email chain, Eric Schwerin, then-president of Hunter's Rosemont Seneca Advisors, informed Hunter that Nevergole had requested to split a retainer fee 70/30 for helping broker a . [6], Heinz ended his business relationship with the firm in 2014 after Biden and Archer joined the board of Burisma, a Ukrainian energy company;[7] Heinz had opposed them joining the Burisma board due to the reputational risk. Co-founder and Managing Partner. CEFC China Energy had assets of $263 billion in 2015. 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. As he reminds the American people on regular occasions, he has little wealth to show for his career, despite having reached the vice presidency. An investment fund firm based in Washington DC. The meeting occurred hours before Vice President Biden met with Chinese President Hu in Washington, DC for the Nuclear Security Summit. My fellow board members your insistence on control of my capital in my account for my company is counter productive in the extreme. Seneca is located in Southeast Michigan and invests in profitable businesses with EBITDA of $2 million to $20 million+ based in the U.S. and Canada. Rosemont Seneca Partners is an investment fund firm based in Washington DC. 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. 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. 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. 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. I am the grandson of a 37 year Army Intelligence officer, the son of a 20+ year career Naval Officer and the brother of a 28 year career Naval Flight Officer. Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del. Financial reports show that, in Jun. The three friends established a series of related LLCs. I could go on but I dont think it necessary. Rosemont Seneca Technology Partners an Investment firm led by Hunter Biden Invested In The Pandemic Firm Metabiota collaborating with EcoHealth And The Wuhan Lab. 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. One email from a Burisma executive reads. The technology is also on the restricted Commerce Control List used by the federal government to limit the exports of certain technologies. According to The Hill Biden's firm, Rosemont Seneca Partners, was receiving regular paymentsusually more than $166,000 a monthfrom Burisma. This umbrella eventually led to a study on bat infectious diseases in China. I am the managing director of CEFC. This story has been shared 119,476 times. 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. The payments ran from the spring of 2014 through the fall of 2015 and reportedly totaled more than $3 million.