Posted on 03/10/2015 6:47:35 AM PDT by Randall_S
Escalating concerns over the integrity of operations at the State Department and over financial reports of the Clinton Foundation could seem a sideshow compared to a transaction announced at the start of this year, wherein associates of Bill and Hillary Clinton may have attempted to monetize their participation in Clinton family philanthropic activities.
The transaction in focus involves an organization called Teneo Holdings, formed in 2011 by Doug Band and Declan Kellyaccording to press reports, financial powerhouse BC Partners may have purchased a minority stake in Teneo Holdings late in 2014 or early in 2015.
Teneo is a relative newcomer in a crowded and fiercely competitive field rendering advice to the largest multinational companies in the world. The firm seems dependent upon a few key personnel with unusually light professional credentials whose primary competitive advantage appears to be a privileged relationship with a charity.
Successful investment firms such as BC Partners tend to concentrate upon a limited number of portfolio investments, favoring well-established platforms they believe they can strengthen. These top-tier investors focus upon businesses in which they, and like-minded veterans, share control over key decisions, especially how and when they will realize a profit on their investment by selling their stake.
(Excerpt) Read more at breitbart.com ...
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