Saturday, June 17, 2023

PEUs Fund Nikki Haley

Red Team White House hopeful Nikki Haley attended a fundraising event for her campaign hosted by Wall Street executives in New York according to CNBC. 

The hosts for the fundraiser include Joseph Konzelmann, a partner at private equity giant TPG; Gautam Chawla, a vice chair at financial behemoth Barclays; and Evan Baehr, who runs a venture capital firm headquartered in Austin, Texas, according to the invitation.

Two of the three hosts are private equity underwriters (PEU).  TPG just announced a deal to buy Angelo Gordon, the former employers of Mrs. Chris Christie.  Her husband is another potential White House candidate for the Red Team.

Learn Capital Managing Partner Evan Baehr contributed to the campaign of J.D. Vance, a fellow PEU.  Both have ties to Peter Thiel.  Baehr's bio states:

"he cofounded Able, a financial technology company backed by Mike Maples and Peter Thiel, which sold in 2017"

After rumors of its demise Able sold "various assets" to Fundation (Feb. 2018) which combined with ODX to form Linear Financial Technologies (Feb. 2021).  Amount acquired Linear Financial Technologies (Feb. 2022).  Amount is an affiliate of WestCap Group, another PEU.

Baehr's bio could lead one to believe he rubbed elbows with Bill Clinton and Tony Blair.

He’s Founder of Teneo, a national leadership organization

Not so.  Baehr helped found Teneo Network, not Teneo Capital.  Baehr's pay from nonprofit Teneo Network amounted to $520,000 on 2021.  Over a three year period it totaled over $1.1 million.

The nonprofit is set up to "crush liberal dominance."  Oddly that's difficult to discern when viewing the nonprofit's one page website.  It does have opportunities for amplification and partnership.  In other words it is part of the Red Team money funnel.

It's interesting Baehr chose to steal the name of a Blue Team money funnel in setting up his influence purchasing operation.

Politicians Red and Blue love PEU and increasingly, more are one.  Consider it wealth democratized, except they hate paying their fair share of taxes.