A brief thread on a few Erik Prince deals to watch:
Dec '19 Prince's Frontier Services Group & CITIC Capital invested $50mil in Frontier Strategic Resources Fund run by Prince pals Dorian Barak & J. David Whittingham
Prince invested in Agent Vi w/Dorian Barak, KuangChi Science
Dec '19 Prince's Frontier Services Group & CITIC Capital invested $50mil in Frontier Strategic Resources Fund run by Prince pals Dorian Barak & J. David Whittingham
Prince invested in Agent Vi w/Dorian Barak, KuangChi Science
As @RYP__ tweeted in Dec 2019 Frontier Strategic Resources Fund was created https://twitter.com/RYP__/status/1203676969813938176?s=20
In Jan 2020, Frontier Services Group, founded by Erik Prince and now majority owned by Chinese state-owned CITIC, announced that FSG and CITIC Capital Holdings each committed $25 million and each own 50% of Frontier Strategic Resources Fund.
http://www.fsgroup.com/en/news/show-522.html
http://www.fsgroup.com/en/news/show-522.html
Per their LinkedIn pages, the two founders of Frontier Strategic Capital which includes Frontier Strategic Resources (private equity fund) are Dorian Barak and J. David Whittingham, both associates of Erik Prince https://twitter.com/WendySiegelman/status/1294669539091853313?s=20
If appears that Dorian Barak is still closely involved with Erik Prince since Barak is managing a new fund created in Dec 2019, that is co-owned by Prince-founded Frontier Services Group and CITIC https://twitter.com/WendySiegelman/status/1294704767923617792?s=20
Dorian Barak lists on his LinkedIn that he is a director of Agent Video Intelligence (aka Agent Vi) a global provider of video analytics in over 30 countries
https://www.linkedin.com/in/dorian-barak-6271005/?originalSubdomain=hk
https://www.linkedin.com/in/dorian-barak-6271005/?originalSubdomain=hk
A 2017 Haeertz article said Erik Prince had invested in Israeli companies Agent Vi, as well as NowForce (security) through a venture capital fund called Indigo Strategic Capital -- run then by Dorian Barak and former Netanyahu Chief of Staff Ari Harow
https://www.haaretz.com/israel-news/revealed-erik-prince-had-business-ties-with-netanyahus-disgraced-chief-of-staff-1.5627887
https://www.haaretz.com/israel-news/revealed-erik-prince-had-business-ties-with-netanyahus-disgraced-chief-of-staff-1.5627887
A 2020 filing for Agent Video Intelligence, incorporated in Florida in 2007, lists Dorian Barak as director, as well as Ji Chunlin, one of the founders of KuangChi Science
https://opencorporates.com/companies/us_fl/F07000000666
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=AGENTVIDEOINTELLIGENCE%20F070000006660&aggregateId=forp-f07000000666-3444fa8f-4ea6-4dd5-a36d-1b9a1b4983c6&searchTerm=Agent%20Video%20Intelligence&listNameOrder=AGENTVIDEOINTELLIGENCE%20F070000006660
https://opencorporates.com/companies/us_fl/F07000000666
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=AGENTVIDEOINTELLIGENCE%20F070000006660&aggregateId=forp-f07000000666-3444fa8f-4ea6-4dd5-a36d-1b9a1b4983c6&searchTerm=Agent%20Video%20Intelligence&listNameOrder=AGENTVIDEOINTELLIGENCE%20F070000006660
Agent Video Intelligence (Agent Vi) (investors include Dorian Barak, Erik Prince, KuangChi Science) signed MOU with Huawei Jul 2017 for partnership to develop video cloud solution for Safe City Market, connected to city surveillance cameras and video feeds
https://www.agentvi.com/2017/07/05/huawei-and-agent-vi-announce-partnership-for-the-safe-city-market/
https://www.agentvi.com/2017/07/05/huawei-and-agent-vi-announce-partnership-for-the-safe-city-market/
I had included KuangChi Science on this (now outdated) chart of new Cambridge Analytica company Emerdata, because it had two directors - Dorian Barak and Johnson Chun Shun Ko - who are both closely linked to Erik Prince https://medium.com/@wsiegelman/chart-emerdata-limited-the-new-cambridge-analytica-scl-group-63283f47670d
Here's the 2016 press release announcing KuangChi Science invested $4.3 million in video analytics company Agent Vi
https://www.prnewswire.com/in/news-releases/chinese-tech-giant-kuang-chi-expands-gci-portfolio-with-investment-in-israeli-video-analytics-leader-agent-vi-593406791.html
https://www.prnewswire.com/in/news-releases/chinese-tech-giant-kuang-chi-expands-gci-portfolio-with-investment-in-israeli-video-analytics-leader-agent-vi-593406791.html
Dorian Barak's LinkedIn profile lists co-founder of the Gulf-Israel Business Council since Mar 2020
The first tweet from a 'Gulf-Israel Business Council' twitter account created in August was about Trump announcement of normalized relations
Not clear (yet) if they are linked
The first tweet from a 'Gulf-Israel Business Council' twitter account created in August was about Trump announcement of normalized relations
Not clear (yet) if they are linked
Prince associate Dorian Barak creating the Gulf-Israel Business Council is interesting - when I heard about the Israel-UAE agreement, the first question I had was - which companies will benefit from investment discussions as part of the deal https://twitter.com/WendySiegelman/status/1294711988791246849?s=20