[1], BHR was founded in 2013, by two Chinese-registered asset managers, Bohai Industrial Investment Fund and Harvest Fund Management, and two U.S. organisations, Thornton Group LLC and Rosemont Seneca Partners.

In November 2013, the three signed contracts setting up their fund, named BHR Partners. Brad Livingstone. Postal Service to do final sweep for ballots in battleground states, Former Auburn Coach Tommy Tuberville Wins Alabama Senate Race.

The Chinese business records site shows a change for BHR was submitted as recently as March 24 to reflect the resignation of Hunter Biden’s business partner, Eric Schwerin, as the firm’s supervisor. Hunter Biden has served as an unpaid member of BHR’s board since its founding in 2013, and in October 2017 he obtained his equity stake in the firm with a $420,000 investment, according to Mesires. Business records show that Hunter Biden is still listed as a board member of Chinese private equity firm BHR Partners, despite his lawyer saying in November that Biden had resigned from the position. Lara Pennington – Secretary/Treasurer. Resources; Frequently Asked Questions; News & Events .

Chinese business records indicate Biden's name was removed from the company's business records on April 20. Hunter Biden listed as a member of the BHR Partners board of directors on April 14, 2020. This database will be updated when there is a successor named for the board seat that Hunter Biden left vacant when he resigned in October,” he said in a statement. 1,104,452, This story has been shared 136,366 times. Your Ad Choices Vice President. Exceeding their initial fundraising goal, the partners at BHR raised their target to $1.5 billion for the new fund. (Qixinbao / Screenshot) BHR has not responded to numerous inquiries seeking clarification on why Chinese business records continue to list Hunter Biden as a member of its board. (Qixinbao / Screenshot). BHR Foundation Board of Directors. The Chinese registered asset managers are BOC International Holdings-backed Bohai Industrial Investment Fund Management and Deutsche Bank-backed Harvest Fund Management. [4] Thornton Group is a Boston-based cross-border investment advisory firm founded by Michael Lin and James Bulger, son of former Massachusetts state Senate President William Bulger. Hunter Biden appears to still be on the board of a Chinese private equity firm he co-founded, despite his lawyer pledging late last year that the potential first son would resign, a report alleges. revealed in an interview Monday that the probe should be released “sometime this summer.”, Trump Adviser Claims Chinese Gave Him ‘Quite a Bit of Background’ on Hunter Biden, Romney Joins Sasse, Calls Trump’s China Statements ‘Wrong and Appalling’, Trump Promised Chinese Silence on Hong Kong amid Trade Talks: Report, Dow Jones Futures Jump, While Tech Futures Soar, As Trump Seen Winning 3 Key Battleground States, Former Auburn coach Tommy Tuberville wins Alabama Senate race, Carlos Gimenez defeats Debbie Mucarsel-Powell in Florida’s 26th District, South Carolina Senator Lindsey Graham to Win Reelection over Well-Funded Challenger Jaime Harrison, Election night 2020: Live coverage, updates and results, Sen. Lindsey Graham cruises to reelection against Democrat Jaime Harrison, Fact check: Image does not show massive wall in front of White House, Great App For Intelligent Singaporean Seniors, Senate Latest: Graham survives challenge from Harrison in SC. 2020 Election Live Updates: Read The Latest On Races Around The U.S. Will voter turnout exceed 2016 levels? And DRC got nothing", "Chinese facial recognition firm Megvii raises $750m", RIDING THE DRAGON: The Bidens' Chinese Secrets (Full Documentary), https://en.wikipedia.org/w/index.php?title=BHR_Partners&oldid=986337000, Creative Commons Attribution-ShareAlike License, 2014 - Approximately RMB4 billion in the Chinese pilot, In November, 2016, BHR agreed to purchase, In 2017, BHR invested in a Chinese technology company, This page was last edited on 31 October 2020, at 06:21. “The statement my son put out today, which I saw when he put it out — I was told it was going to be put out, I did not consult with him about what’s being put out — in fact represents the kind of man of integrity he is,” Joe Biden said in October when Hunter released his initial statement. Rachael … The New Yorker reported in July that Hunter Biden arraigned a meeting between his father and BHR Capital’s founder Jonathan Li during the vice president’s trip to China in 2013 — a move which drew concerns from White House officials over the possibility that Biden’s son “was leveraging access for his benefit, which just wasn’t done in that White House.”. Board Members; Advisory Board; Contact Us; Knowledge Center . Alex Taft.

“The statement my son put out today, which I saw when he put it out — I was told it was going to be put out, I did not consult with him about what’s being put out — in fact represents the kind of man of integrity he is,” Joe Biden said in October. One month after signing their contracts, Biden joined his father on a trip on Air Force Two to Beijing for a meeting between the vice president and President Xi Jinping.

Joe Biden, now the presumptive Democratic presidential nominee, lauded his son’s announcement at the time. We are available 24 hours a day,

BHR has not responded to numerous inquiries seeking clarification on why Chinese business records continue to list Hunter Biden as a member of its board. As part of the approved agreement, Sinopec retained 70.01%. Hunter Biden listed as a member of the BHR Partners board of directors on April 14, 2020. He also retains a 10% equity stake in BHR through his company, Skaneateles LLC, business records for the Chinese private equity firm show. Hunter became an unpaid member of the fund’s board, but …

Hunter Biden has served as an unpaid member of BHR’s board since its founding in 2013, and in October 2017 he obtained his equity stake in the firm with a … The website said the company has "the support of Bank of China, China Development Bank Capital, and other major Chinese financial institutions. Hunter Biden has served as an unpaid member of BHR’s board since its founding in 2013, and in October 2017 he obtained his equity stake in the firm with a $420,000 investment, according to Mesires. Hunter Biden’s pledge received widespread media coverage in The Washington Post, The New York Times and elsewhere. Sorry, your blog cannot share posts by email. In Beijing, Hunter didn’t just go sightseeing. Election live blog: Biden to win Colorado, New Mexico, Patti LaBelle to be honored at PRC Mighty Real Gala, © 2020 NYP Holdings, Inc. All Rights Reserved, Trump slams Twitter execs for 'fixing' the 2020 election, Indicted Giuliani pal Lev Parnas gets OK to vote on Election Day, How Joe Biden clearly benefited from 'Biden family business', Lindsey Graham predicts Hunter Biden scandal could swing the election, would not serve on the boards of any foreign-owned companies, Cole Haan takes 50% off outerwear, boots and more winter essentials, The best holiday gifts for the foodies in your life this Christmas, The best Wi-Fi extenders for boosting your internet connection range, 84-year-old man votes, once voted for JFK, Chelsea Handler goes topless except for 'I Voted' stickers. Senate Homeland Security Chairman Ron Johnson says he is aiming... Post was not sent - check your email addresses! Hunter became an unpaid member of the fund’s board, but declined to take an equity stake in the company until after his father left the White House, the magazine reported.

... Equity Investment Fund Management Co., or BHR Partners, a private investment firm founded in 2013. Period. Those in the VP’s orbit worried about the optics of the meeting.

No specifics about the meeting have come out, leaving Biden and Li’s statements as the only insight into what occurred in the meeting. BJC Behavioral Health Services. As of Tuesday, BHR’s file on China’s National Enterprise Credit Information Publicity System (NECIPS) still lists Hunter Biden as being a director of BHR. Mesires told The Post the report was inaccurate and related to Biden’s board seat being left vacant after his departure. [4], According to the Wall Street Journal, "Bohai is China's oldest private equity firm, having launched the country's first yuan-denominated fund in 2006. It was one of four founding shareholders of a private equity firm called Bohai Harvest RST Shanghai Equity Investment Fund Management (BHR Partners), which was formally incorporated in Shanghai on Dec. 16, 2013. Hunter Biden received wall-to-wall media coverage and praise from his father, former Vice President Joe Biden, in October when he announced he would resign from the board of a Chinese private equity firm by the end of the month. Hunter Biden agreed in January to pay monthly child support to an Arkansas woman who gave birth to his child, two days before a deadline to appear in court to explain the state of his finances, after missing a deadline to hand over five years of records. "[1], BHR was one of twenty-five investors to take part in the capital injection of Sinopec Marketing Co. and their investment of approximately (US)$1,700,000,000 dollars was the 7th largest of the group, giving them a 1.68% shareholding interest out of an available 29.99%. Hunter Biden listed as a member of the BHR Partners board of directors on April 14, 2020. BHR Partners. News & Media ; Events; Trainings .

Hunter Biden had arranged for then-Vice President Joe Biden to shake hands with the CEO of BHR in December 2013, a meeting that caused some White House advisors to worry whether the younger Biden was exposing his father to criticism, The New Yorker reported. Hunter Biden is no longer listed as a member of the board of directors of Chinese private equity firm BHR Partners, The Daily Caller reports.

Hunter Biden is the sole listed beneficial owner of Skaneateles, Washington, D.C. business records show. Get the full list », You’re viewing 5 of 12 team members. “Hunter Biden resigned from the board of directors in October 2019 and has not been on the board since then. Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. 136,366, This story has been shared 134,244 times.

Since then, the firm has invested at least $2.5 billion on behalf of its clients in automotive, energy, mining and technology deals, according to the Wall Street Journal. Hunter Biden’s company Skaneateles LLC owns the 10 percent equity stake in BHR, which it purchased in October 2017 with a $420,000 investment. Online sources show Hunter Biden is still listed as a board member of the private private Chinese company he promised to leave in October 2019. All rights reserved. This story has been shared 136,366 times. PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region. President Trump and allies have targeted Joe Biden for his son’s business dealings in China, touting them in a recent attack ad. Rachael Bersdale

Skaneateles’s listed address matches that of the $3.8 million home in Los Angeles that Hunter Biden is reportedly renting for $12,000 a month, according to the company’s records.

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