Rosemont Seneca Partners
An investment fund firm based in Washington DC.
Rosemont Seneca Partners was founded in 2009 by Hunter Biden, Christopher Heinz, and Devon Archer.
Hunter Biden is the younger son of former American Vice-president and current President of the United States Joe Biden, while Christopher Heinz is the stepson of former U.S. Secretary of State John Kerry. Archer is a businessman who was Heinz’s classmate at Yale University.
Rosemont Seneca derived its name from the Rosemont Farm, the Heinz family’s estate near Pittsburgh.
Heinz ended his business relationship with the firm in 2014 after Biden and Archer joined the board of Burisma, a Ukrainian energy company. Heinz had opposed them joining the Burisma board due to the reputational risk.
In 2015, Rosemont Seneca Technology Partners lead a $30 million Series A funding round for Metabiota.
In 2018, Devon Archer was convicted on securities fraud and conspiracy charges.