Subject: RE: Chris Chafe Meeting Tomorrow
From: "Neil Callahan" <[email-masked]>
To: <[email-masked]>, "'Eric Schwerin'" <[email-masked]>
Cc: "'Devon Archer'" <[email-masked]>
Date: Thu, 29 Apr 2010 15:21:27 -0400

Agreed.  Do you want / need me to dial into the meeting tomorrow?

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Neil Callahan

Rosemont Seneca

401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965

1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880

917-945-9516 (mobile) 

866-749-8879  (fax) 

From: [email-masked] [mailto:[email-masked]] 
Sent: Thursday, April 29, 2010 3:17 PM
To: Eric Schwerin; [email-masked]
Cc: Devon Archer
Subject: Re: Chris Chafe Meeting Tomorrow

I think that most important thing here is to find a way to integrate and
ingratiate ourselves into the organization. I don't know enough to know what
it is Chris may be looking for by way a developing a "business plan"- but
the more we can offer along those lines the better.

Sent on the SprintR Now Network from my BlackBerryR

  _____  

From: Eric Schwerin <[email-masked]> 

Date: Thu, 29 Apr 2010 13:04:41 -0400

To: <[email-masked]>

Cc: 'Hunter Biden'<[email-masked]>; 'Devon
Archer'<[email-masked]>

Subject: Re: Chris Chafe Meeting Tomorrow

I want to get a better sense on whether he has a need for the business plan
service before you put something together.  I was just going on an off-hand
comment Chris made about having a little trouble on that side of things.
I think we lead with the Board/Founding Corporate Sponsor and investment
consultant pieces and that we ask about the business plan as an aside saying
that we have that capability.  If they want a contribution to be a sponsor
or something, we could offer up the business planning help as an in-kind
contribution.

 

Eric D. Schwerin

Rosemont Seneca Partners, LLC

1010 Wisconsin Ave., NW

Suite 705

Washington, DC 20007

(202) 333-1880

[email-masked] <x-msg://59/[email-masked]> 

P Consider the environment before printing this email.

On Apr 29, 2010, at 12:50 PM, Neil Callahan wrote:

I was thinking we could propose to create his business plan:  1.  Strategic
Objectives, 2. Core Capabilities., 3.  Goals & Objectives for the next 18
months, etc., 4.  Operating plan - budget, roles, key outputs.

As part of the business plan we define Governance and Business Partners - HB
can be on the Board and RSP can be a business partners (as well as Rosemont
Capital, etc.).

Do you know if Chris has an operating plan or budget with his sponsors?

And to Hunter's point on the call on Monday - Chris could hire us as an
advisor/consultant to create the business plan for a fee and keep the door
open to creating a fund or other investment vehicles for Labor.

I could write up that POV/proposal today and we go in with a clear ask,
which I think Chris would appreciate, and then you guys can noodle your way
to perhaps and agreement.

Best,

Neil

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Neil Callahan

Rosemont Seneca

401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965

1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880

917-945-9516 (mobile)

866-749-8879  (fax)

From: Hunter Biden [mailto:[email-masked]] 
Sent: Thursday, April 29, 2010 12:02 PM
To: Eric Schwerin
Cc: Neil Callahan; Devon Archer
Subject: Re: Chris Chafe Meeting Tomorrow

Further I think we should consider being a "founding corporate sponsor" if
they have such a game plan. I also think that the firm not just me should be
" private sector investment advisors" to their organization.  Chris
mentioned the need to create a process by which potential investments could
be vetted by such an advisory board and then marketed to labor.  Developing
fund and investment structures that could be basically taken off the shelf
and presented taking into account all of labors idiosyncacies should be
their goal.  We could help them do that- almost acting as a new sort of
investment consultant--- again taking the advantage of a time when fresh new
players could actually bring some real value.  

Sent from my iPad

On Apr 29, 2010, at 11:29 AM, Eric Schwerin <[email-masked]>
wrote:

We are still going back and forth on the Chris Chafe meeting tomorrow, but
it is likely to go ahead.  Haven't had a chance to discuss what we are going
to say/propose.

Chris asked us to come to him with what we wanted our role to be and "most
importantly, what you want to get out of this."

My thoughts:

What we want to get out of this:  1) The Altruistic Motive: "Helping Labor
Unions Create Green Jobs and Helping to Educate Taft-Hartley Trustees How to
Better Invest Their Money in a Way That Increases Their Return on Investment
and Expands The Number of Labor Employees."  2) The Selfish Motive: We want
to create a fund that could draw on Taft-Hartley Investments and would be
labor friendly and green job focused.

What we want to do:

1) Offer Hunter up as a potential Board Member; Advisor, etc.  Some public
role if they want it.

2) Be able to provide the group with our expertise and examples of deal flow
we find that would be appropriate for Taft Hartley Investment that they can
feed into their process.  Not as potential investments, but examples to use
as they set up an evaluation system.  We would also be available to help
with setting up the evaluation process.

3) Offer up Neil if they need any business structuring advice - Chris
specifically mentioned being overwhelmed with setting up structure having
never done so before.

Thoughts?

 

Eric D. Schwerin

Rosemont Seneca Partners, LLC

1010 Wisconsin Ave., NW

Suite 705

Washington, DC 20007

(202) 333-1880

[email-masked]

P Consider the environment before printing this email.