Hunter Biden Continues To Hold Stake In Chinese Private Equity Firm, Records Show, Despite Reports That He Was Planning To Divest

Daily Caller ^ | 1/27/2021 | ANDREW KERR

[bitt]

Hunter Biden continues to hold a 10% stake in the Chinese private equity firm BHR Partners, Chinese business records show, despite multiple reports from December suggesting he was divesting his position in the company.

Both the Daily Mail and Fox News reported in late December that Hunter Biden was in the process of offloading his stake in BHR. Both outlets cited an unnamed source with Hunter Biden and his business dealings.

But Hunter Biden continues to hold his equity stake in BHR through his company, Skaneateles LLC, as of Wednesday, according to Qixinbao and Baidu, two independent services that provide business records on Chinese corporations based on China’s National Credit Information Publicity System.

Hunter Biden is the sole beneficial owner of Skaneateles LLC, according to Washington D.C. corporate records.

BHR manages the equivalent of $2.1 billion in assets and is co-owned by the Chinese state-controlled Bank of China.

Hunter Biden’s lawyer, George Mesires, did not return numerous requests for comment asking to confirm if his client is in the process of offloading his stake in BHR and when he expects that process to be completed.

Mesires said in an October 2019 statement that Hunter Biden had not received any return on his investment in BHR, but emails located on a copy of Hunter Biden’s alleged laptop show that he was told on multiple occasions by his business partner Eric Schwerin that he would begin receiving significant payments from the firm beginning in 2019, the Daily Caller News Foundation previously reported.

[bitt]

p

[rktman]

Well, yeah. Just more verification that they all knew 11/3/2020 was a lock. 😕😤

[DUMBGRUNT]

Has young master biden managed to retain his law license?

How does he currently provide for his brood?

Has sr biden ‘the family man’ visited his grandchild back in the hills? Ever?

[nrw-in-ga]

The Biden Crime Family is chest-deep in China. Don Lunchbucket will move the global power structure far to the east.

[AnthonySoprano]

‘

Hunter has made much more than anyone will publish.

[bigdaddy45]

Mark this down as “something you will never hear a word about on CNNMSNBCCBSABCNBC”

[blueunicorn6]

I won’t mind paying higher taxes as long as the money goes to a good cause like buying cocaine for Hunter Biden to snort off some whore’s donkey.

I apologize to donkeys everywhere.

[JusPasenThru]

Hunter and his daddy, Joe en Lie.

[The Antiyuppie]

Figures - it’s an EQUITY firm.

[wardamneagle]

Weed Hopper Hunter has Secret Service and is untouchable.

[dforest]

Eric Trump had to end his relationship with St Jude’s. Crack head Hunter does what he wants.😤

[rktman]

commie-la does not accept. 😱😒

[polstar123]

Has anyone else heard that Hunter Biden has moved into the White House?

[Brown Deer]

Hunter Biden is the sole beneficial owner of Skaneateles LLC, according to Washington D.C. corporate records.

10% of that is Joe's (he's the "big guy")

Joe Biden makes surprise visit to Skaneateles

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. 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.

BHR Partners

Formed in the Shanghai Free Trade Zone in December 2013 as its first cross-border investment private equity firm, BHR is the cross-border investment arm of Bohai Industrial Investment Fund Management Co., Ltd. ("Bohai Capital"). Our other sponsors include Harvest Fund Management Co., Ltd. ("Harvest"), Ulysses Diversified Inc. (“Ulysses”), Skaneateles, LLC (“Skaneateles”), Thornton Group LLC ("Thornton") and our management team. We also enjoy the support of Bank of China, China Development Bank Capital, National Council of Social Security Fund, China Life, Postal Savings Bank of China, among others, as our suite of legacy shareholders through Bohai Capital. Ulysses Diversified and Skaneateles are both diversified alternative investment and advisory holding companyies established in the U.S. whose affiliates manage assets in real estate and private equity funds.

Being the designated cross-border investment platform of Bohai Industrial Investment Fund (“Bohai Capital”) and armed with the support of the Bank of China and our other legacy shareholders through Bohai Capital, BHR is focused on cross-border investments by offering our strategic partners funding and global resources and the experience of our cross-border team.

Aside from cross-border investments, BHR is closely monitoring investment opportunities emerging from the Chinese Government’s initiatives to reform State-Owned Enterprises (“SOE”) as announced during the 18thCPC 3rd plenary sessions. In 2014, BHR invested approximately RMB4 Billion in the pilot SOE reform deal involving the segregation and capitalization of Sinopec Group’s non-oil business into Sinopec Marketing Corporation.

As the market evolves, so do we. 2015 has seen BHR participating in selected alternative investment opportunities including (i) cornerstone and anchor investments in HKSE listings and limited public offerings such as China General Nuclear, 3Bio Inc. and (ii) certain early to growth stage investments such as Didi Taxi. BHR will continue to diversify its investment portfolio by staying ahead of the market curve while protecting investor interests.

In 2016 - BHR agreed to purchase Lundin Mining Corp's minority stake in African copper mine Tenke Fungurume Mining S.A. for $1.14 billion in cash. Lundin held a 30% interest in TF Holdings, a holding company, and an effective 24% stake in the mining operation. Freeport-McMoRan Inc. currently owns the remaining 70% stake in TF Holdings (an effective 56% of the mine), but is in the process of selling its stake to China Molybdenum Co. for a reported $2.65 billion. The Democratic Republic of the Congo, where the Tenke mine is located, owns the remaining 20% of the mine.

Besides the Chinese, another director of BHR is James Joseph Bulger, a nephew of mob boss Whitey Bulger.

The Bulgers' Public Connections, Explained in a Giant, Messy Map

[bitt]

NICE digging!

[KittyKares]

No one is going to prosecute Hunter. The Big Guy will come down on anyone who tries.

[Candor7]

Ping to Biden Corporate structure in China influence peddling.

[PGalt]

Yep, nice digging Dear.

https://www.youtube.com/watch?v=nNI27KOQoF4

[PGalt]

https://patriots.win/p/11SKC2IJzJ/hunter-biden-continues-to-hold-s/c/