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. DiamondStream Partners is a manager that invests in the future of travel and aviation. ":"&")+"url="+encodeURIComponent(b)),f.setRequestHeader("Content-Type","application/x-www-form-urlencoded"),f.send(a))}}}function B(){var b={},c;c=document.getElementsByTagName("IMG");if(!c.length)return{};var a=c[0];if(! Over the next seven years, as both Joe Biden and John Kerry negotiated sensitive and high-stakes deals with foreign governments, Rosemont entities secured a series of exclusive deals often with those same foreign governments. Cronus Ventures, LLC (Cronus), is an early stage investment capital firm that invests in startup information technology companies. The organization said the email raises questions about why Heinz was in touch with the State Department about Bidens business dealings. These are questions that congressional oversight committees should be demanding answers to, he added. And like the Clinton Foundation, some deals coincided with trips to China from Vice President Joe Biden. Hunter Biden and Schwerin likely first met when they worked in President Bill Clintons Commerce Department. Frazier Healthcare Partners is a healthcare investment firm for pharmaceuticals, healthcare services, & medical products. 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. DC Ventures is an early-stage focused Venture Capital and Startup advisory firm. When Hunter Bidens brother Beau died in May 2015, Schwerin acted as a personal secretary. According to federal records, 177 firms participated in TALF, many of them well connected in Washington or on Wall Street. Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. Tune in tomorrow (Saturday, March 4, 2023) at 5:25 pm EST to catch the best US President in recent history. Bidens father Joe now vying for the 2020 Democratic Party nomination was then vice president and overseeing the Obama administrations Ukraine policy. Rosemont Seneca is an investment firm based in Washington DC. ROSEMONT SENECA PARTNERS LLC: DISTRICT OF COLUMBIA LIMITED-LIABILITY COMPANY: WRITE REVIEW: Address: 2900 K St Nw Ste 507 Washington, DC 20007: Registered Agent: Eric Schwerin: Filing Date: January 15, 2010: File Number: L47736: Contact Us About The Company Profile For Rosemont Seneca Partners LLC Propeller Airports is a private equity firm that invests in the aerospace and transportation sectors. They first established Rosemont Capital and, soon after, Rosemont Seneca Partners. They also set up Rosemont Realty and Rosemont Seneca Technology Partners. We have curated a list of the top Washington Private Equity Firms. Investment Stage: Early Stage Venture, Private Equity. Also if you continue to sit with friends of mine and relationships that are mine and defame me I will sue you for defamation of character and embezzlement, Hunter snarled to Schwerin in a December 2017 email. Albright Capital Management LLC is a private equity firm specializing in emerging markets, Investment Stage: Convertible Note, Early Stage Venture, Late Stage Venture, Private Equity, Venture. The Washington Post reported. Three weeks after Rosemont Seneca was incorporated, a subsidiary of Rosemont Capital, called Rosemont TALF SPV, received $23.5 million in federal loans through the TALF program. I worked with him in the Department of Commerce and I always found him to be a good and decent guy. Details. Schwerin rose through the ranks quickly, becoming an International Trade Specialist in 1997, before claiming the title of senior policy advisor to the Secretary for International Trade in 1999. 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).. Less than a year after opening Rosemont Senecas doors, Hunter Biden and Devon Archer were in China, having secured access at the highest levels. By October of that year, John DeLoche, managing director at RSTP, wrote to the boss, Hunter Biden, that the company would "increase our investment in Metabiota by 250 k." //=b[e].o&&a.height>=b[e].m)&&(b[e]={rw:a.width,rh:a.height,ow:a.naturalWidth,oh:a.naturalHeight})}return b}var C="";u("pagespeed.CriticalImages.getBeaconData",function(){return C});u("pagespeed.CriticalImages.Run",function(b,c,a,d,e,f){var r=new y(b,c,a,e,f);x=r;d&&w(function(){window.setTimeout(function(){A(r)},0)})});})();pagespeed.CriticalImages.Run('/mod_pagespeed_beacon','http://investoravailable.com/101-best-most-active-washington-private-equity-firms/','8Xxa2XQLv9',true,false,'rN3x7JJH0TM'); We enables more entrepreneurial activity in the communities to use the state-of-art technologies in ever changing industries. The three friends established a series of related LLCs. That same year Joe Biden was elected vice president of the United States and both Hunter Biden and Schwerin were ready for their next moves. Provider of alternative investment and market advisory services intended to help clients align knowledge and capital with long-term investment growth initiatives. Talisker Partners is a private investment firm partnering with exceptional business owners. Schwerin was also the president of Rosemont Seneca Partners, a fund created by Hunter Biden and several associates that spawned business deals in Russia, Ukraine, China, and Romania. Trump says Hunter Biden "walk [ed] out of China with $1.5 billion in a fund.". Hunter Biden, and Rosemont Seneca Partners . The firm was founded in 2009 by Christopher Heinz, stepson of former U.S. Secretary of State John Kerry, Devon Archer, a businessman and a former Abercrombie & Fitch model who was Heinz's college . March 3, 2023 Michael Baxter Leave a Comment. Rosemont Seneca took 20% . No point passing gun control if you don't prosecute gun crimes. 2023 PitchBook. We have +6 years experience in native mobile development (iOS & Android) and web development. Win whats next. This included $13.4 million to invest in student loans and $11.1 million to invest in subprime auto loans. Astra Capital Management is a private equity firm. He did financial stuff for the family but thats really all I know, Margaret Campbell, a former special assistant to Jill Biden, previously told The Post. However, the Treasury Department and Federal Reserve maintained the right to reject a borrower for any reason, and the internal selection process was criticized by some lawmakers as opaque and open to corruption. Please check settings, This site is owned and operated by Fupping Ltd. Company number: 11439478. Heinzs spokesperson told the Washington Examiner that he was not involved in the Burisma deal and has not been invested in Rosemont Seneca Partners since 2015. Four Seasons Ventures, a private equity firm, moves technologies from the U.S. government research agency labs into the private sector. Hillstone is a private investment marketplace for people to list, discover, and invest into structured real estate offerings. SRM Development is a privately owned real estate firm specializing in the acquisition, development, and construction of properties. Consider the environment before printing this email. Rosemont Capital, an investment firm at the center of Hunter Bidens much-scrutinized financial network, was one of the companies approved to participate in the 2009 federal loan program known as the Term Asset-Backed Securities Loan Facility, or TALF. The PEGCC develops, analyzes, and distributes information about the private equity and growth capital investment industry. By clicking above you agree to the Terms of Use The White House declined to comment for this story. Over five months, the company received a total of $130 million from the program in multiple installments for investments in subprime credit cards and residential mortgages. WASHINGTONHouse Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) and several Oversight Committee Republican lawmakers today sent a letter to Eric Schwerin, the former president of Hunter Biden's company, Rosemont Seneca Partners, regarding him receiving and facilitating . For Hunter Biden, the trip coincided with a major deal that Rosemont Seneca was striking with the state-owned Bank of China. from the Elliott School of International Affairs at George Washington University. The Carlyle Group is a global private equity firm that caters to early and later stage companies. Didier Jacobs, a senior policy adviser at Oxfam America who focuses on international finance, said an estimated $2.7 trillion was parked in the Cayman Islands and other tax havens prior to the U.S. tax reform in 2017. Are there conflicts of interest? Sen. Bernie Sanders asked Federal Reserve Bank Chairman Ben Bernanke at a March 3, 2009, Senate hearing. NextPoint Partners, an early-stage technology venture fund, Investor Type: Investment Bank, Private Equity Firm. Rosemont Seneca Partners was also managed by Eric Schwerin, Hunters business partner. Schwerin, whosharedbank accounts with President Joe Biden and dubbed the familys moneyman, also maintained guest lists for White House functions and negotiated the settlement with Hunters first wife, Kathleen. His office staff compiled a list of over 100 TALF investors based in the Cayman Islands and other known tax havens. Balius Partners provides differentiated capital to mission-driven, owner-operators seeking a long-term partnership. "But here are the facts Had we not bailed out the largest bank institutions in the world, there would have been a flat-out depression.. Hunter Biden, Joe Biden's son, went hunting for cash in China during an official state visit by his father, the vice president in 2013. In 2018 and 2020, Breitbart Senior Contributor and Government Accountability Institute President Peter Schweizer publishedSecret EmpiresandProfiles in Corruption. CVG Capital is a novel investment opportunities in private equity,blended finance and FinTech. 3 Washington, DC; 4 (4) any financial accounts located outside of the 5 United States of any individual or entity described 6 in paragraph (1) or (2); or 7 (5) any money laundering violations involving 8 individuals, businesses, or property described in 9 paragraphs (1) through (3). Rosemont Seneca Advisors L.L.C. House Oversight Committee Chairman Rep. James Comer (R-KY) is seen in front of a newspaper page with a photograph of Hunter Biden and his father President Joe Biden during the Protecting Speech from Government Interference and Social Media hearing with former Twitter employees before the House Committee on Oversight and Accountability at the Rayburn House Office Building on Wednesday February 08, 2023, in Washington, DC. Follow Wendell Huseb onTwitter@WendellHuseb. [1] [2] The fund was named after the Rosemont Farm, the Heinz family's estate near Pittsburgh. Schwerin remains an active Democratic contributor, sprinkling more than $46,000 to federal candidates around the country between 2003 and 2021, favoring moderates in the mold of Biden. House Oversight Committee Chair James Comer (R-KY) has statedin February the next step to compel the relevant information from Hunter and James is to issue subpoenas to Hunter and James if they do not comply. . The area, known for ambassadors residences and stately homes, is a 20-minute walk from the Naval Observatory, where the vice presidents residence is located. The fund was managed by a Delaware-based subsidiary of Rosemont called Rosemont TALF GP, SEC records show. In 2018 he founded RSP Investments, which a sparse website describes as a broker-dealer focused on investment banking advisory and capital raising in the following sectors.. 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. Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. In June 2009, Biden co-founded Rosemont Seneca . Later, another Chinese magnate gave Hunter Biden a 3-carat diamond. Rather than set up shop in New York City, the financial capital of the world, Rosemont Seneca leased space in Washington, DC. With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, Investment Stage: Convertible Note, Early Stage Venture, Seed. December 6, 2021, 7:32 pm, by We know that success lies in the people behind the brand. The group was cochaired by former Senate Majority Leader Thomas Daschle (D-SD), former U.S. Representative Vin Weber (R-MN), Executive Chairman of Hyatt Hotels Corporation Thomas Pritzker, and former Chairman and CEO of . In addition, all pages on Bizapedia will be Sign up now to get the Washington Examiners breaking news and timely commentary delivered right to your inbox. Ignition Capital is a Seattle-based investment group managing multiple funds across private equity, venture capital, and Chinese ventures. ADDITIONAL LINKS There was an additional $3,900 from Schwerin to the Obama/Biden presidential campaign and another $5,400 to Hillary Clinton for her doomed 2016 race against Donald Trump, FEC records show. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); GIPHY App Key not set. December 6, 2021, 6:56 pm. Schwerin received Joe Bidens Delaware tax refund check while he was vice president and the two talked by phone about the Joe Bidens mortgage. Contact Information Website www.rosemontseneca.com Ownership Status Acquired/Merged Financing Status Corporate Backed or Acquired Primary Industry Asset Management Other Industries Other Financial Services Acquirer Burnham Financial Group Primary Office 1010 Wisconsin Avenue Northwest Suite 705 Washington, DC 20007 United States Here is an article with those documents in it, although the reporting is still wrong: He doesnt appear to be married. Swiftsure Capital LLC is a private equity investment firm specializing in investments in software and hardware technologies sector. BlackRock Private Equity Partners is a venture capital firm specializing in direct and fund investments. When the government forces a citizen to undergo any treatment or take a biologic agent, it's a breach of bodily autonomy. Below are excerpts from his book: Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend. by Schwerin met with Joe Biden aides in March and May of 2013. 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.