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We are still going back and forth on the Chris Chafe meeting tomorrow, but it is likely to go ahead. Haven't had a chance to discuss what we are going to say/propose.

Chris asked us to come to him with what we wanted our role to be and "most importantly, what you want to get out of this."

My thoughts:

What we want to get out of this: 1) The Altruistic Motive: "Helping Labor Unions Create Green Jobs and Helping to Educate Taft-Hartley Trustees How to Better Invest Their Money in a Way That Increases Their Return on Investment and Expands The Number of Labor Employees." 2) The Selfish Motive: We want to create a fund that could draw on Taft-Hartley Investments and would be labor friendly and green job focused.

What we want to do:

1) Offer Hunter up as a potential Board Member; Advisor, etc. Some public role if they want it.
2) Be able to provide the group with our expertise and examples of deal flow we find that would be appropriate for Taft Hartley Investment that they can feed into their process. Not as potential investments, but examples to use as they set up an evaluation system. We would also be available to help with setting up the evaluation process.
3) Offer up Neil if they need any business structuring advice - Chris specifically mentioned being overwhelmed with setting up structure having never done so before.

Thoughts?


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email protected]
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