Two famous political names pair up at financial firm

By Laurie Bennett

May 24, 2011 at 9:13am

When it comes to career advancement, being the offspring of a prominent national politician has its advantages.

Among them: Name recognition. Entry to power circles. Access to affluent investors.

Two easily recognized names head Rosemont Seneca Partners, an investment firm founded in June 2009, with offices in New York and Washington.

The company is co-chaired by R. Hunter Biden, son of Vice President Joe Biden; and Christopher Heinz, son of the late Sen. H. John Heinz III and stepson of Sen. John Kerry.

The Heinz-Biden alliance opens doors across the political spectrum. While John Kerry and Joe Biden are Democrats, John Heinz was a Republican.

Hunter Biden previously was a co-founder of the lobby shop, Oldaker, Biden & Belair, LLP.

Heinz is founding partner of another investment firm, Rosemont Solebury Capital Management.

As the great-great-grandson of the founder of H.J. Heinz Co., he would have had access to wealth even without the political connections of his father and stepfather.

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