Biden's Chief Of Staff Starts $28 Million Investment Fund
I have covered Jeffrey Zients, Biden’s former chief of staff extensively for years. You can read the full run down of his corporate life here, understand more about his South African mining connections here, and learn about his vast holding of gold bars here. Today, an SEC alert blared through the early morning fog to announce Jeff’s latest endeavor: a $28 million dollar investment fund.
According to a public SEC filing, Zients has started a pooled investment fund registered under the Delaware LLC “Every Little Thing”. The firm currently lists 41 investors, and is registered to co-founder Henry William Bernstein. Zients is listed as the only other executive and co-founder of the fund.
What was Zients doing as Biden’s mental acuity reached new lows? Was he the man “steering” the ship as nap time moved up to 4pm for the commander in chief? And why has nobody written a single word about what he’s been up to since the election?
These are good questions for Alex Thompson, Jake Tapper, and the rest of the ghouls moaning and rattling through the beltway. If you have a tip about Zients or other Biden officials, email me securely at danielboguslaw@proton.me. If you are Alex Thompson or Jake Tapper, Get Back To Work!
For now, here is an excerpt from a long read about the Zients family and precious metal mining.
“Other members of the Menell family have also had an interest in the Tanzanian mining project. In 2021, Zients’s mother-in-law, Irene Menell, transferred 7,148 shares in Kabanga Nickel Limited, the corporate entity for the mining project, to her son Rick Menell, according to a filing with Companies House, the U.K. database for British business entities.
Rick Menell and his sister, Mary Zients, are founding co-chairs of City Year South Africa, a youth leadership nonprofit. In April of this year, they jointly visited the White House, along with Rick Menell’s daughter. The trio was welcomed by Nina Srivastava, an adviser to the chief of staff, executive office visitor logs show. Sharma said the family was taking a tour of the White House. Rick Menell declined to comment for this article.
The Menells trace their lineage back to Slip Menell, who in the 1930s founded the Anglovaal Group, one of South Africa’s major mining conglomerates. Since then, mining has stayed a family business. Brian and Rick Menell helmed the company together through the ’90s and early 2000s, quietly seizing control from encroaching investors through an offshore fund to maintain their familial domination.
Since his time atop Anglovaal, Rick Menell has held senior roles at a variety of mining and finance firms with large sway over the African continent’s mining operations. He is currently the lead independent non-executive director on the board of Sibanye-Stillwater, a mining company that claims to be the world’s largest primary producer of platinum, second-largest primary producer of palladium, and third-largest producer of gold.”