History of Devon Archer in Timeline

By Popular Timelines Editorial Team · Updated: March 26, 2025

Devon Archer is an American businessman and entrepreneur known for his involvement in venture capital and private equity. Notably, he co-founded and served on the board of BHR Partners, a Chinese investment firm, starting in 2013. His business dealings have attracted public attention.

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Full Timeline Controversies & Scandals

1996: Worked for Citibank Vietnam

In 1996, after graduating from Yale, Devon Archer worked for Citibank Vietnam for several years.

2004: Senior adviser to the John Kerry 2004 presidential campaign

In 2004, Devon Archer served as a senior adviser to the John Kerry presidential campaign, co-chairing the campaign's national finance committee.

2008: Co-founded Rosemont Seneca Partners

In 2008, Devon Archer and Hunter Biden co-founded the U.S. investment advisory company Rosemont Seneca Partners.

2009: Co-founded Rosemont Capital

In 2009, Devon Archer and Christopher Heinz co-founded Rosemont Capital, a private-equity firm, which owned 50% of Rosemont Seneca Partners.

2013: Founding board member of BHR Partners

In 2013, Devon Archer became a founding board member of BHR Partners, a Chinese investment company.

2013: Founded BHR Partners

In 2013, Devon Archer, Hunter Biden, and Jonathan Li founded the China-based private equity fund BHR Partners. Archer and Biden each held 10% equity in BHR through Rosemont Seneca Partners.

April 2014: Asked to join the board of Burisma Holdings

In April 2014, Alan Apter, chairman of the board of Burisma, asked Devon Archer to join the board of directors, which Archer accepted. Three weeks later, Hunter Biden was appointed to the board as well.

2014: Trustee of the Heinz Family Office

As of 2014, Devon Archer was a trustee of the Heinz Family Office.

2014: Wire transfer from Yelena Baturina

In 2014, Yelena Baturina wire-transferred $3.5 million to Rosemont Seneca Thornton, which Archer received to purchase property on her behalf in Brooklyn, New York.

2015: Involvement with Oglala Nation bond issuance

In 2015, Devon Archer and his associates urged the Oglala Nation to issue $60 million of bonds and misused the funds, illegally transferring $20 million through his real estate company to satisfy capital requirements of Archer-controlled companies.

2015: Conflict of interest concerns regarding Burisma directorship

In 2015, career diplomat George P. Kent raised concerns about the perception of a conflict of interest due to Hunter Biden's and Devon Archer's directorship of Burisma, given Vice President Biden's official role working with Ukraine.

2016: Archer left the board of directors of Burisma in 2016

Devon Archer remained on the board of directors of Burisma until 2016.

2018: Convicted of securities fraud

In 2018, Devon Archer was convicted of securities fraud by a federal jury in Manhattan.

October 2019: Served on the board of Burisma Holdings until October 2019

Devon Archer served on the board of Burisma Holdings until October 2019.

2019: Verdict overturned and new trial ordered

In 2019, U.S. District Judge Ronnie Abrams overturned Devon Archer's securities fraud conviction and ordered a new trial.

2019: Speculation of Joe Biden's involvement with Burisma

In 2019, under the Trump administration, speculation arose that Joe Biden had engaged in corrupt activities related to Burisma.

October 2020: Sentencing ordered for securities fraud conviction

In October 2020, the U.S. Court of Appeals for the Second Circuit ordered that Devon Archer be sentenced for the 2018 conviction of securities fraud and conspiracy, reversing the order for a new trial.

February 28, 2022: Sentenced to prison

On February 28, 2022, Devon Archer was sentenced to a year and a day in prison for misuse of bond funds related to the Oglala Sioux tribe and ordered to pay restitution of over $43 million.

April 2022: Report on Rosemont Seneca Thornton dissolution

In April 2022, The Washington Post reported that the partners of Rosemont Seneca Thornton had agreed to dissolve the organization before a 2014 wire transfer, though Devon Archer continued to operate it for real estate transactions.

July 31, 2023: Testimony to the U.S. House Oversight Committee

On July 31, 2023, Devon Archer provided over four hours of closed-door testimony to the U.S. House Oversight Committee, stating that Hunter Biden put his father on speakerphone about 20 times over 10 years while in the presence of business associates.

2023: U.S. House Oversight Committee investigation

In 2023, the U.S. House Oversight Committee initiated an investigation to determine whether Joe Biden was involved in his son's business affairs and if the two men accepted bribes from Burisma owner Zlochevsky.