Hunter Biden listed as a member of the BHR Partners board of directors on April 14, 2020. Privacy Notice Mesires told The Post the report was inaccurate and related to Biden’s board seat being left vacant after his departure. Missing absentee ballots prompt costly, lengthy in-person voting journeys, Federal judge orders U.S. 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. 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. Hunter Biden is the sole listed beneficial owner of Skaneateles, Washington, D.C. business records show. 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. 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. 1,104,452, This story has been shared 136,366 times. 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. Hunter became an unpaid member of the fund’s board, but … Joe Biden, now the presumptive Democratic presidential nominee, lauded his son’s announcement at the time. Learn more about Behavioral Health Response and the resources available to you. See live election results from across the US, April 15, 2020 | 10:06am | Updated April 15, 2020 | 11:16am. Joe Biden and his son Hunter Biden attend an NCAA basketball game in Washington, U.S., Jan. 30, 2010 (REUTERS/Jonathan Ernst), Hunter Biden’s company, Skaneateles, also retains its 10% equity stake in BHR, according to the Chinese business records. Board Member, Chief Executive Officer & Chairman: 0: Beijing, China Ming Xue: Board Member, Managing Partner and IC Member: 0: Beijing, China Xinzhong Li: Managing Partner & Investment Committee Member: 0: 0: Beijing, China Annie Zhao: Managing Partner: Beijing, China Xin Wang JD: Managing Partner: Beijing, China Your Ad Choices BJC Behavioral Health Services. Hunter Biden listed as a member of the BHR Partners board of directors on April 14, 2020. Qixinbao, an independent service that provides registration information on Chinese corporations, also listed Hunter Biden as a member of the BHR board on Tuesday. (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. The yuan investments were to be converted to U.S. dollars through Shanghai Free-Trade Zone, facilitating offshore investment for Chinese investors. 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. The move, which garnered little attention at the time, alarmed some Biden advisers, according to the magazine. “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. Thanks for contacting us. 25 FEMA workers test positive for coronavirus, This story has been shared 1,104,452 times. 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. 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. Chinese business records indicate Biden's name was removed from the company's business records on April 20. 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. Hunter Biden’s pledge received widespread media coverage in The Washington Post, The New York Times and elsewhere. It has recently changed the name to Behavioral Health Resources Foundation. [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. ... Equity Investment Fund Management Co., or BHR Partners, a private investment firm founded in 2013. Do Not Sell My Personal Information, Your California Privacy Rights In a statement issued Oct. 13 by his lawyer, Hunter Biden pledged to resign his position on BHR’s board “on or by October 31.” The statement did not say whether Hunter Biden intended to relinquish his ownership stake in the Chinese private equity firm. President Trump and allies have targeted Joe Biden for his son’s business dealings in China, touting them in a recent attack ad. This story has been shared 134,244 times. But six months after Hunter Biden pledged to relinquish his position with BHR Partners, no evidence has surfaced to prove he actually followed through on his promise. Lara Pennington – Secretary/Treasurer. [1], BHR was established specifically for the purpose of capital injection into Sinopec Marketing Co., in accordance with the laws of the PRC. Chinese business records, the Daily Caller reports, still list Robert Hunter Biden — the younger Biden’s full name — as a director and board member of BHR Partners. [3] 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. Vice President Joe Biden. [3], Committee on Foreign Investment in the United States, "China Petroleum & Chemical Corporation Foreign Issuer Report 6-K", "Chinese Fund Backed by Hunter Biden Invested in Technology Used to Surveil Muslims", https://www.wsj.com/articles/bohai-harvest-and-u-s-investment-firms-expand-target-for-outbound-fund-1404956572, "Will Hunter Biden Jeopardize His Father's Campaign? Your California Privacy Rights Senator Ron Johnson (R., Wisc.) [8], The firm set out in 2014 to raise $1.5 billion for investments, some in dollars and some in yuan. "[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%. Do Not Sell My Personal Information. Biden remains on the board and still has a 10 percent equity stake in BHR, which manages $2.1 billion in assets, according to business records reviewed by the Daily Caller on Tuesday. Board Members; Advisory Board; Contact Us; Knowledge Center . In 1995, the Community Mental Health Foundation was created as a Washington State non-profit corporation. You’re viewing 5 of 7 investments. Rachael … 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. [4] The U.S. partners as a pair and the two Chinese partners each own a 30% stake in the joint management firm. Biden remains on the board and still has a 10 percent equity stake in BHR, which manages $2.1 billion in assets, according to business records reviewed by the Daily Caller on Tuesday. 2. 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. In Beijing, Hunter didn’t just go sightseeing. Schwerin’s relationship with Hunter Biden dates back to at least 2008 when the pair served as lobbyists for Oldaker, Biden & Belair. Biden approached Chinese businessman Jonathan Li, who ran Chinese private-equity fund Bhoai Capital, with business partner Devon Archer in 2012 about forming a new company to invest in Chinese capital, as well as capital from other countries, according to a New York Magazine profile of the vice president’s son. They said he was just there as a family member, but we know that’s untrue. Hunter Biden’s lawyer, George Mesires, told the Daily Caller News Foundation in early November that his client had resigned from BHR’s board, but he did not provide any evidence of his departure from the Chinese private equity firm at the time. [6], Hunter Biden announced his intention to resign in October 2019 so as not to complicate the U.S. Presidential aspirations of his father, Joe Biden,[7] but as of Q2 2020 company records still show him employed as a board member. This story has been shared 136,366 times. Sorry, your blog cannot share posts by email.
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