The only charges Hunter faces are a felony gun charge and two tax misdemeanors. He'll be charged with being an unregistered foreign agent if and when any evidence of that is turned up. So far none such has been revealed. Everything so far is ridiculous Republican innuendo. Don't waste our time with this nonsense until you have some evidence of a crime. We all know that wealthy people in foreign countries wired Money to Hunter to Invest. That's not illegal, but maybe a little stupid.. They may have been thinking that they were buying access to his dad. It's possible Hunter even led them to believe that. But it is even more possible that these folks, a number of whom were from highly corrupt countries, just assumed they would have access if they invested with Hunter, because that's how things worked in the their own countries.
Would you like some actual facts: (from Wiki) [underlining is mine]
BHR Partners (BHR Partners (Shanghai) Equity Investment Fund Management Co., Ltd) is a private investment fund founded in 2013 by Bohai Industrial Investment Fund Management Co., Ltd., which is controlled by Bank of China Limited along with a partnership with Hunter Biden (vide infra), and whose focus is on mergers and acquisitions, and investment in, and reforms, of state-owned enterprise.[3]
Business Overview
BHR was established specifically for the purpose of capital injection into Sinopec Marketing Co., in accordance with the laws of the PRC. Its registered address is China (Shanghai) Pilot Free Trade Zone and principal place of business at Unit 3101, 31/F, Tower 2, China Central Place, 79 Jianguo Road, Chaoyang District, Beijing."[3]
BHR was one of twenty-five investors to take part in the capital injection of Sinopec Marketing Co. and their investment of approximately (US)$1.7bn dollars was the 7th largest of the group, giving them a 1.68% shareholding interest out of an available 29.99%. As part of the approved agreement, Sinopec retained 70.01%.[3]
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 (thus the name BHR for the first initials of three of the four asset management founding firms).[4][5][6] The Chinese registered asset managers are BOC International Holdings-backed Bohai Industrial Investment Fund Management and Deutsche Bank-backed Harvest Fund Management.[6] The U.S. partners as a pair and the two Chinese partners each own a 30% stake in the joint management firm.[6]
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. Harvest Fund Management is one of China's largest asset managers, with previous private equity ventures, including with a jointly held fund investing in both domestic and overseas real estate".[6] 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 and nephew of Whitey Bulger.[5] Rosemont Seneca is a Washington, D.C.-based investment and advisory firm, founded by Devon Archer, Christopher Heinz, and Hunter Biden, who is the son of U.S. President Joe Biden.[5][7] According to The New Yorker, in June 2013, "[Jonathan] Li, Archer, and other business partners signed a memorandum of understanding to create the fund, which they named BHR Partners, and, in November, they signed contracts related to the deal. Hunter became an unpaid member of BHR’s board but did not take an equity stake in BHR Partners until after his father left the White House [as U.S. Vice President]".[7]
--------------------Business Overview
BHR was established specifically for the purpose of capital injection into Sinopec Marketing Co., in accordance with the laws of the PRC. Its registered address is China (Shanghai) Pilot Free Trade Zone and principal place of business at Unit 3101, 31/F, Tower 2, China Central Place, 79 Jianguo Road, Chaoyang District, Beijing."[3]
BHR was one of twenty-five investors to take part in the capital injection of Sinopec Marketing Co. and their investment of approximately (US)$1.7bn dollars was the 7th largest of the group, giving them a 1.68% shareholding interest out of an available 29.99%. As part of the approved agreement, Sinopec retained 70.01%.[3]
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 (thus the name BHR for the first initials of three of the four asset management founding firms).[4][5][6] The Chinese registered asset managers are BOC International Holdings-backed Bohai Industrial Investment Fund Management and Deutsche Bank-backed Harvest Fund Management.[6] The U.S. partners as a pair and the two Chinese partners each own a 30% stake in the joint management firm.[6]
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. Harvest Fund Management is one of China's largest asset managers, with previous private equity ventures, including with a jointly held fund investing in both domestic and overseas real estate".[6] 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 and nephew of Whitey Bulger.[5] Rosemont Seneca is a Washington, D.C.-based investment and advisory firm, founded by Devon Archer, Christopher Heinz, and Hunter Biden, who is the son of U.S. President Joe Biden.[5][7] According to The New Yorker, in June 2013, "[Jonathan] Li, Archer, and other business partners signed a memorandum of understanding to create the fund, which they named BHR Partners, and, in November, they signed contracts related to the deal. Hunter became an unpaid member of BHR’s board but did not take an equity stake in BHR Partners until after his father left the White House [as U.S. Vice President]".[7]
You'll be thrilled to learn that I personally profited nicely from my investments not in Sinopec Marketing ,mentioned above, but in Sinopec itself which is controlled by Sinopec Group which in turn is wholly owned by the China State-owned Assets Supervision and Administration Commission. Unfortunately Sinopec is now delisted in the U.S. and If I want to reacquire an interest, which I may, I'll have to buy the Hong Cong shares. Gee, I hope my interest in Sinopec didn't make me an unregistered foreign agent.
Facts and truth are the antidote to innuendo and wild conspiracy theories.
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