Omeed Malik
Omeed Malik | |
|---|---|
| Born | 1979 or 1980 (age 44–45) New Jersey, U.S. |
| Education | Colgate University (BA) Emory University (JD) |
| Occupation(s) | Business executive and banker |
Omeed Malik (born 1979 or 1980[1]) is an American banker and executive. He is the founder and CEO of the merchant bank Farvahar Partners.[2]
Early life
Omeed Malik was born in New Jersey to an Iranian mother and a Pakistani father.[3] He received his Juris Doctor degree from Emory University Law School and his bachelor's degree from Colgate University.[4]
Career
Malik started as a spokesperson for Representative Donald M. Payne.[5] He worked as a corporate lawyer at Weil, Gotshal & Manges in New York before joining MF Global and later Bank of America Merrill Lynch to run the prime brokerage business and to lead the emerging manager program.[6][7] Malik left Bank of America in January 2018 to launch an advisory firm for hedge funds and alternative investment managers.[7] Later reports indicated that Malik was forced out after investigations into allegations of inappropriate conduct, which Malik disputed and filed a $100 million arbitration claim against Bank of America on the basis of defamation, retaliation, breach of contract, and discrimination against his Muslim background.[8][9][10] In July 2018, Bank of America settled the case and paid Malik an eight-figure sum.[8]
In 2018, Malik has appeared on Showtime's TV series Billions in a cameo role.[11]
In 2020, Neil Patel brought in Malik as a new partner of right-wing news site The Daily Caller.[12]
In 2022, Malik founded 1789 Capital, a venture capital firm which focuses on products and companies associated with conservative values.[13] In 2023, it made its first investment into the new media company lead by Tucker Carlson and Neil Patel.[14]
In 2023, Malik's Colombier Acquisition Corp agreed to merge with online marketplace Public Square.[15]
Malik was an early supporter of the Robert F. Kennedy Jr. 2024 presidential campaign,[16] and later a supporter of the Donald Trump 2024 presidential campaign. Following Trump's conviction in New York, Malik said: "This verdict will have less than zero impact on my support".[17][18] Following Donald Trump's victory in the 2024 U.S. presidential election, Trump's eldest son Donald Trump Jr. announced that he would be joining Malik's 1789 Capital rather than a role in his father's administration.[19]
References
- ^ Tan, Gillian (March 19, 2021). "Omeed Malik, Former BofA Executive, Is Said to Join SPAC Frenzy". Bloomberg News.
- ^ "Malik Launches Merchant-Banking Business". Retrieved May 16, 2019.
{{cite web}}: CS1 maint: url-status (link) - ^ McLean, Bethany (May 4, 2018). "Disgraced ex-BofA exec raises uncomfortable questions about #MeToo". Yahoo Finance. Retrieved May 16, 2019.
- ^ https://www.wsj.com/market-data/quotes/PSQH/company-people/executive-profile/204042773.
{{cite web}}: Missing or empty|title=(help) - ^ Stricherz, Mark (July 22, 1999). "Republicans sympathetic, Demos wary of call for union sunshine bill". San Francisco Chronicle. Washington. States News Service. Retrieved May 16, 2019.
- ^ "Unconventional Lawyers: The Enduring Value of a Legal Education". Emory Lawyer. Spring 2016. Retrieved May 16, 2019 – via Issuu.
- ^ a b Delevingne, Lawrence (January 18, 2018). "Ex-Bank of America executive Malik to launch fund advisory firm". Reuters. Retrieved May 16, 2019.
- ^ a b Keller, Laura J; Kishan, Saijel (July 13, 2018). "BofAAgrees to Settlement With Former Executive Omeed Malik". Bloomberg News. Retrieved November 18, 2024.
- ^ Picker, Leslie; Manning, Patrick (April 27, 2018). "Ex-Bank of America executive seeks $100 million in damages in defamation claim". CNBC. Retrieved May 16, 2019.
- ^ Ensign, Rachel Louise (27 August 2018). "Meet the Lawyer Representing Wall Street's #MeToo Men". The Wall Street Journal. Retrieved May 16, 2019.
- ^ Gordon, Amanda L (March 26, 2018). "Omeed Malik Surfaces in Season Premiere of Showtime's 'Billions'". Bloomberg News. Retrieved May 16, 2019.
- ^ Concha, Joe (August 17, 2020). "NY Democrat Omeed Malik joins Daily Caller as minority investor, contributing editor". The Hill. Archived from the original on July 9, 2022. Retrieved January 7, 2021.
- ^ Murray, Conor. "Conservatives Are Spending Millions to Build A 'Parallel Economy' of Anti-Woke Businesses". Forbes.
- ^ Hagey, Keach (October 17, 2023). "Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital". The Wall Street Journal.
- ^ Tan, Gillian (February 26, 2023). "Omeed Malik's SPAC Nears Deal with 'Patriotic' Marketplace PublicSq". Bloomberg News.
- ^ Schwartz, Brian (June 21, 2023). "Robert F. Kennedy Jr.'s presidential run gets support from Wall Street veteran Omeed Malik". CNBC.
- ^ Sorkin, Andrew Ross; Mattu, Ravi; Warner, Bernhard; Kessler, Sarah; de la Merced, Michael J.; Hirsch, Lauren; Livni, Ephrat (May 31, 2024). "Why Megadonors Are Unfazed by Donald Trump's Guilty Verdict". The New York Times. Archived from the original on June 1, 2024. Retrieved November 19, 2024.
- ^ Gordon, Amanda L; Natarajan, Sridhar (May 31, 2024). "Wall Street Billionaires Are Rushing to Back Trump, Verdict Be Damned". Bloomberg News. Retrieved November 19, 2024.
- ^ Schleifer, Theodore (November 11, 2024). "Donald Trump Jr. Joining a Venture Capital Firm". The New York Times. Retrieved December 14, 2024.