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>>188931You can bet that when @BostonMagazine received my demand for a correction, they panicked. They consulted with their legal department, who advised them that there was no “out.” They recognized that it was one of the strongest defamation claims that could exist, because @GretchenVoss64 acted with actual malice and there was zero defense to what she did. They were loathe to do it but they had no choice. They issued the correction and hoped that would put the issue to bed.
I’m told, however, that the print edition still exists. I haven’t decided yet whether to take any further action regarding that clear defamation. In addition, there are many other inaccuracies in her “article” (although I will likely leave it to others to demand those corrections). For now, it is just satisfying — once again — to have exposed corruption.
https://x.com/BostonDefender/status/2081044886988460115DataRepublican (small r) @DataRepublican - Article: Apax Partners: The Money Linking Singham, China, and the DNC
Apax Partners, Neville Roy Singham, and the foreign sovereign investors surrounding the DNC’s most important political database
Virtually every major Democratic campaign — presidential, Senate, House, state — accesses its voter data through one platform. NGP VAN has been the de facto sole vendor of the DNC voter file since 2004. Thirty-eight million donors and volunteers in the system. $10 billion in campaign contributions tracked in the 2022 cycle alone. 1.4 billion voter contact attempts. If you've ever knocked on a door for a Democrat, your data went into this system. No competing vendor holds a parallel DNC voter file contract.
The company that owns all of it is a London private equity firm called Apax Partners. And four foreign governments hold ownership stakes in Apax.
Who Owns Apax
In 2009 and 2010, Apax sold approximately 10% of its management company — the entity that sits above every fund, controls every investment decision, and collects fees across the entire portfolio — to three sovereign wealth funds:
China Investment Corporation (CIC): 2.3% of the management company plus EUR 685 million into Apax Europe VII. CIC is wholly owned by the People's Republic of China. Since January 2020, Chinese regulation requires CIC to have a Party Secretary chairing its board and a functioning CCP committee with embedded authority over major business decisions. Its board is dominated by China officials from the Ministry of Finance, NDRC, People's Bank of China, and SAFE. And China's 2017 National Intelligence Law, Article 7, requires all Chinese organizations to "support, assist, and cooperate with national intelligence work."
GIC (Singapore): One of two sovereign funds that bought 7.7% of the management company. GIC's board is chaired by the sitting Prime Minister of Singapore. The same executive chain governs Singapore's Internal Security Department and Security and Intelligence Division.
Future Fund (Australia): Together with GIC, bought 7.7% of the management company. This is the control case: independent governance, no known intelligence apparatus concern.
A fourth sovereign investor arrived later:
Sanabil/PIF (Saudi Arabia): LP investor in Apax funds, disclosed April 2023. Sanabil is a wholly owned subsidiary of Saudi Arabia's Public Investment Fund. MBS chairs PIF, appoints all board members, and holds no formal oversight mechanism. The Intercept noted that Sanabil was also an LP in Insight Partners, the firm that owned NGP VAN before Apax bought it. Saudi sovereign capital had exposure to Democratic campaign infrastructure through both the seller and the buyer.
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