Posted in bill parish, Federal Reserve and SEC, Oregon-PERS, Uncategorized, tagged 990, ADV, Alex Magaro, Anti-Fracking, Beer, Bermuda, Blackest box, Bloomberg, breweries, Business Insider, Clinton, Columbia Business School, Columbia Distributing, compensation, deschutes, Deutsche Bank, District Court, Donald Trump, Elan, Elan Management, Elliot NJus, Enron, Fees, Finance, financial engineering, foundation, ge, Green Energy, Guardian, hedge funds, hefweizen, Investigators, investment fees, irs, Jared Kushner, Jim Simons, Jon Swaine, Klein Ltd, Magerman, Medallion, Meritage, Nat Simons, Nicholas Hoskins, Oregonian, pacer, Partnership, PGE, Portland, Portland General Electric, Precision Castparts, Pricewaterhousecoopers, Renaissance funds, Renaissance Technologies, Rentec, Robert Mercer, rogue brewery, Russia, Sea Change, shakespeare stout, shareholders, tax avoidance, tax evasion, tax exempt, tax reform, taxes, widmer, Yatch on November 27, 2017|
Disclosure: This post is both broad and detailed so that interested analysts and journalists can gather key facts and form their own opinion. Reviewing incredible schemes such as this orchestrated by Robert Mercer and Jim Simons often attract teams of analysts and reporters. This post is original fact checked independent research available free on the internet.
In order to understand Robert Mercer’s brilliant financial engineering, let’s begin our analysis using three outstanding local Portland beers. They are Rogue Brewery’s Shakespeare Stout, Widmer’s Hefeweizen and Deschutes Breweries Fresh Squeezed IPA.
All three beers are distributed by Portland based Columbia Distributing, one of the nations largest beer distributors, which was purchased by the Jim Simons controlled investment fund Meritage in 2012. Simons along with Robert Mercer is Co-CEO of the $100 billion Rentec hedge fund.
While Meritage CEO is listed as Nat Simons, Jim Simons son, the elder Simons holds the controlling ownership position per SEC filings, owning more than 75 percent of the Meritage fund.
This analysis will unravel the relationship between Rentec’s Medallion fund, its company retirement plan, the Meritage private equity fund, which purchased Columbia Distributing in 2012, and numerous tax exempt foundations including those of Jim Simons, Nat Simons and Robert Mercer.
The key to understanding this financial engineering feat is analyzing the Medallion fund, which is managed by Renaissance Technologies. This hedge fund is indeed the unifying thread.
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