Rosemont, Richardson, Burrell, and Burisma: Part One

Category: Unabridged and Unvarnished Unabridged and Unvarnished
Published: 03 November 2023 03 November 2023

Although the relationship between Daniel Burrell and Hunter Biden has been established, and the importance of the various Rosemont companies, a continued search of the evidence, including testimony given to the House Judiciary Committee by Devon Archer, now reveals Biden's business in conjunction with New Mexico can also be tied to the highly publicized dealings of Hunter Biden with Ukrainian gas company Burisma. Daniel Burrell's alliance with former Governor Bill Richardson, deceased, appears to be the missing link between Burisma, various Rosemont entities, and a continued list of conceivably criminal transactions. For clarity, it is important to arrange the events chronologically, to allow a side-by-side view in time.

Burrell and his company the Burrell Group, "successfully launched a second actively managed investment vehicle named the Rosemont Credit Opportunities Fund, a fixed income product designed to purchase assets through the Term-Asset Backed Securities Loan Facility Program (the "TALF") (2008). The following year, Rosemont Seneca Partners incorporated and within five months received over $130 Million from the TALF program (2009). That same year, Richardson ended the relationship between Aldus Equity, a company investigated by the SEC for paying political kickbacks in the state of New York, and the New Mexico "state teachers' pension and $11.5 Billion oil and gas endowment". "RREEF, the alternative asset management business of Deutsche Bank, has terminated its minority stake in embattled financial advisor Aldus Equity", says an article by Christopher Witowsky for perenews.com (2009).

(Note: According to one source, then Senator Biden delayed his resignation from Senate to vote affirmative for "funding for Troubled Asset Relief Program" on his way to the vice presidency.)

According to the New Mexican's Bruce Kasnow (2010), shortly after these occurences Rosemont Realty purchased a controlling share of BGK Group, which became BGK-Rosemont; Rosemont Real Estate Acquisitions Fund (RREAF) Holdings was also formed (2010). Around this time, Burrell was appointed to the New Mexico Mortgage Finance Authority (NMMFA), though he was never confirmed. During his time on the board of NMMFA, the NMMFA issued some series A bonds (Oct. 20, 2010). Burrell's board seat on the NMMFA was terminated Jan. 24, 2011, six days after a correspondence between Burrell and Hunter Biden which states, "Just got final confirmation that Richardson has accepted the board and marketing position. Good news."

(Note: RREAF Holdings, formed in 2010 to invest in multi-family housing appears to be similar in name and purpose to the real estate activities of RREAF One and Two and RREEF).

The prospectus for the acquisition of BGK-Rosemont by Gemini Investment (Holdings Limited) (GHI) (HK0174) of China shows four multi-family spaces for residential use, which includes apartment properties. Those four properties, whose listed addresses are in Texas and Louisiana, had value of $29,386,000, according to BGK-Rosemont, but sold to GHI for $70,140,000 (Mar. 2015).

The Burrell Group's history shows in 2008 Burrell launched Rosemont Credit Opportunities Fund to purchase TALF assets collateralized by mortgages, and it has been established that Rosemont companies did receive TALF funding. This begs the question: did Rosemont TALF use NMMFA bonds to refund the Rosemont TALF portfolio? Was this done while Burrell served simultaneously on both boards?

These questions require further clarification from Burrell with regards to comments made by Devon Archer in testimony under oath to the House Judiciary Committee (circa July 2023) pertaining to Rosemont Real Estate Acquisition Fund (RREAF) One, whose target list of potential investors included Burisma executives in Ukraine (circa 2010-2014) introduced by Tri Global, and Rosemont Real Estate Acquisition Fund Two (circa Mar. 4., 2014). Richardson was affiliated with Tri Global Capital Partners, presumably as "Chairman of Advisory Board Santa Fe." Archer says, "During my tenure, Tri Global was the cap-intro group."

The testimony of Archer further broadens the reach of the effects of these transactions when he explains the methods used by Biden, Burisma and associates to ship oil and gas drilling equipment to Ukraine and Kazakhstan (2014), stating they, "transferred all of that equipment via sea and then over land through Ukraine into Kazakhstan."

[Editor's Note: This had a minor correction.]

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