Subject: Kemes Rakishov - Four Seasons Hotel - 1:30pm - 2:30pm
From: "Devon Archer" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>
Date: Wed, 25 Apr 2012 22:56:37 -0400

Meeting with Kemes Rakishov 
Son in Law of the Former Prime Minister of Kazakstan, Current Mayor of
Astana, and likely future President of Kazakstan; Imangali Tasmagambetov
 
Location:        Four Seasons Hotel Lobby (southwest lobby sitting area; to
the left as you enter from 57th)
Date:              Thursday, April 26, 2012
Time:              1:30pm  2:30pm
 
Hunter -
I covered four areas with Kemes today, the first general background and
three specific investment/partnership options; and then he brought up one
additional option for investment partnership to pursue.  We had what I
thought was a very productive 90 minute meeting.  The meeting went as
followed in order 
·     Hello¹s

·     History and background of Rosemont Seneca Partners

o   General overview of NYC and DC backgrounds and genesis of the
organization 

o   Talent driven thematic alternative investment manager

o   Highlighted SPVs, PE Co-Invest Fund and TALF Fund as funds completed
successfully currently in harvest.  Tabled as opportunities to revisit down
the line

o   Explained we are looking to partner with a sophisticated foreign capital
source on our platform.  Kemes mentioned he is looking for a US partner as
well.

·     Rosemont Seneca Technology Partners

o   Explained we would be interested in developing GP partnership for
significant investment ($50mm  $75mm +)

o   Kemes was extremely interested in developing GP relationship and
exploring a joint strategy for technology investing (early stage thru pre
IPO).  Very interested in being part of distinct Silicon Valley club.

·     Rosemont Realty

o   Gave general background and he volunteered introductions but suggested
he not an expert and has limited interest

·     Prospect Global Resources

o   Discussed my role on the Board and as an early investor

o   Kemes was extremely interested in investing in the next round of PGRX
and doing a stock swap for a comparable size 1 billion tonne greenfield
potash mine in Kazakhstan.  (I think you bringing Kemes to Prospect with
funding and the stock resource swap concept is a huge opportunity)

·     SPAC

o   Kemes was very interested in developing a US based (or TSX) publicly
traded SPAC to identify assets from Kazakstan and the region for listing.