Hunter Biden, a lobbyist in Washington DC and son of US Senator Joseph Biden, has stepped down as interim chief executive of the fund of hedge funds firm he owns.
Biden will continue to serve as chairman of Paradigm Global Advisors, the firm he and his uncle, James Biden, purchased last year. Hunter Biden also will remain with law and lobbying firm Oldaker, Biden & Belair while on the board at Paradigm. Biden had assumed the chief executive position