Inside the shady private equity firms run by Biden, Kerry kids

Inside the shady private equity firms run by Biden, Kerry kids

[Ed. – Imagine being Martha Stewart and reading something like this.  Never cared for her all that much, but anything she may have done was small potatoes compared to making billions off your dad’s taxpayer-funded meeting schedule.  Italics in original.]

“My frustration,” writes Peter Schweizer in his new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” “is not that the solid reporting on Trump has been too tough, but that the reporting on the Obama administration has been way too soft or in some cases nonexistent.” 

What Hunter Biden, the son of America’s vice president, and Christopher Heinz, the stepson of the chairman of the Senate Committee on Foreign Relations (later to be secretary of state), were creating was an international private equity firm. It was anchored by the Heinz family alternative investment fund, Rosemont Capital. The new firm would be populated by political loyalists and positioned to strike profitable deals overseas with foreign governments and officials with whom the US government was negotiating. …

Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend. …

The small fund grew quickly. According to an email revealed as part of a Securities and Exchange Commission investigation, Rosemont described themselves as “a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz,” with Devon Archer as “Managing Partner.”

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