Last year, he took a step into the rarefied world of private equity and offshore investments, joining with former banking executives and a Chinese airline company to make bets on natural gas exploration and shipping. One of the funds was set up in the United Kingdom, a structure that allows the company to shield overseas investors from U.S. taxes. Opaque investment vehicles, especially involving overseas accounts, inevitably will raise questions about the identities of his investors and the nature of their businesses...
Posted on: Fri, 26 Dec 2014 07:08:40 +0000
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