Subject: Re: Kemes Rakishov - Four Seasons Hotel - 1:30pm - 2:30pm
From: "Eric Schwerin" <[email-masked]>
To: "Devon Archer" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>
Date: Wed, 25 Apr 2012 23:20:33 -0400

Did the YC not work?

Eric D. Schwerin
[email-masked]

Sent from my iPhone

On Apr 25, 2012, at 10:56 PM, Devon Archer <[email-masked]> wrote:

> 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 –
> ·      Hello’s
> ·      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 fortechnology 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