I wonder what, if any, connections Tagg Romney’s equity fund, Solamere Capital, has to Ukraine or China?
In March 2013, Mitt Romney became chair of Solamere’s executive committee and a member of its investment committee, and Solamere’s bare website currently lists him as the executive partner group chairman.
(snip)
Shortly after Romney ended his presidential bid in early 2008, Tagg Romney and Spencer Zwick, who had been the Romney campaign’s financial director, formed Solamere, which was named after a ritzy part of Utah’s Deer Valley where the Romney family owned a ski mansion. As the New York Times reported, “Neither had experience in private equity. But what the close friends did have was the Romney name and a Rolodex of deep-pocketed potential investors who had backed Mr. Romney’s presidential run.” The pair brought in a third partner, Eric Scheuermann, who did have years of private equity experience. In its early days, the firm seemed part of the Romney network. At one point, Solamere shared an address with Romney’s political action committee. It solicited investments from the well heeled, generally seeking a minimum of a $10 million buy-in. According to the Times, Mitt and Ann Romney sank a “critical, early” $10 million into their son’s venture, signaling that the firm had Mitt’s blessing, which Tagg and his crew could use as a selling point as they chased after funding from others.
January 3, 2018
Mitt Romney taps key hedge fund advisers for potential return to politics – and maybe even the presidency
I can see it now, Mitt riding into DC in a white doggy carrier strapped atop a white, in white, on white, station wagon just in the nick of time to save the nation.