Bohai Harvest RST (BHR) was created and funded by two Chinese investment funds, owned by the Bank of China (Bohai Capital and Harvest Global). As described in their marketing presentation: “BHR is held in high regard by Chinese government bodies and SOEs [state owned enterprises] at all levels.” BHR’s founding shareholders were: Rosemont Seneca Thornton LLC, Bohai Capital, Angju Investment Consulting (Shanghai) Co Ltd (昂驹投资咨询（上海）有限公司) Angju Investment owned by Li Xiangsheng (李祥生 also known as Jonathan Li), and Shanghai Ample Harvest Financial Services Co Ltd (上海丰实金融服务有限公司). The third and fourth Chinese characters in BHR’s Chinese name represent China (华) and America (美) respectively, indicating that the business is likely viewed by the Chinese SOE shareholders (and the Chinese government) as a country-level business partnership.<ref>https://www.baldingsworld.com/wp-content/uploads/2020/10/KVBJHB.pdf</ref>
Bohai Capital is the private equity arm of Bank of China International Holdings Ltd (中銀國際控股有限公司) (BOCI_ BOCI) and China’s first-ever RMB-denominated private equity fund approved by the State Council. BOCI is wholly-owned by Bank of China Limited (中国银行股份有限公司 ) (BOC), one of China’s big-four state banks, with state-level foreign exchange responsibilities. BOC was formerly part-owned by the Social Security Fund (SSF), and is now controlled by Central Huijin Investment (中央汇金投资有限责任公司), a Chinese government investment fund.
Rosemont Seneca Thornton (RST) was formed from a joint venture between Rosemont Seneca Partners and Thornton, an investment advisory firm headed by James Bulger, of the famous Boston family (son of William “Billy Bulger, the longest serving President of the Massachusetts Senate and the nephew of [[Whitey Bulger|James “Whitey” Bulger]], the infamous mobster who ran the Winter Hill Gang). Rosemont Seneca was formed in 2009 as a private equity and advisory firm that was co-founded by [[Hunter Biden]] and Christopher Heinz, of the Heinz ketchup fortune and step-son to long time Democratic senator and later Secretary of State [[John Kerry]], along with their friend [[Devon Archer]], Chris Heinz’s college roommate at [[Yale]]. The original anchor investor in Rosemont Seneca (which at one point claimed $2.4bn in assets under management) was Rosemont Capital, a Heinz family office alternative investment fund, named after Rosemont – the Heinz family estate outside [[Pittsburgh]]. During the most vibrant years of this partnership’s international investment and “consulting” activity, it is important to note that [[Joe Biden]] was [[Vice President]] and John Kerry was [[Secretary of State]]. It was not coincidental that Rosemont Seneca’s headquarters was in [[Washington, D.C.]] as opposed to [[New York]] where most of its competitors maintained their offices given the investment professional labor pool in and around [[Wall Street]].