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’[The Bidens, Paradigm and Ponta] Placing for Paradigm
As Felix Salmon notes (from Mark Gimein’s story on Paradigm over at the Big Money) when James and Hunter Biden, the brother and son of the US vice president first got into the hedge fund industry in 2006,
[The Bidens, Paradigm and Ponta] There are no safe harbours in Austin, Texas
From Reuters (via hedge fund implode-o-meter) comes a snippet about a Madoff-linked collapse: Austin Capital Management is closing its $900m Safe Harbor Fund, which is understood to have sustained around $186m in losses from investments in the Madoff ponzi.
[The Bidens, Paradigm and Ponta] The politics of Paradigm
This is the second post in a series. To view the first, click here.
In 2006 Hunter Biden, the youngest son of Delaware Senator Joe Biden, needed to find a new line of work.
His job as a federal lobbyist was in danger of conflicting with his father’s latest presidential bid.
[The Bidens, Paradigm and Ponta] Untangling floor 17, 650 5th Avenue
650 5th Avenue has had an unusual and rather chequered history. The mid-town Manhattan skyscraper was built in the 1970s by the Pahlavi foundation – a non-profit charitable organisation associated with the Shah of Iran.