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]
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 |
Early life
editOmeed 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
editMalik 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]
References
edit- ^ 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.
- ^ "Disgraced ex-BofA exec raises uncomfortable questions about #MeToo". Retrieved May 16, 2019.
- ^ https://www.wsj.com/market-data/quotes/PSQH/company-people/executive-profile/204042773
- ^ "Republicans sympathetic, Demos wary of call for union sunshine bill". July 22, 1999. Retrieved May 16, 2019.
- ^ "Unconventional Lawyers: The Enduring Value of a Legal Education". May 2, 2016. Retrieved May 16, 2019.
- ^ a b "Ex-Bank of America executive Malik to launch fund advisory firm". Reuters. Retrieved May 16, 2019.
- ^ a b "BofAAgrees to Settlement With Former Executive Omeed Malik". Bloomberg News. July 13, 2018. Retrieved November 18, 2024.
- ^ "Ex-Bank of America executive seeks $100 million in damages in defamation claim". CNBC. April 27, 2018. Retrieved May 16, 2019.
- ^ "Meet the Lawyer Representing Wall Street's #MeToo Men". Retrieved May 16, 2019.
- ^ "Omeed Malik Surfaces in Season Premiere of Showtime's 'Billions'". Bloomberg News. March 26, 2018. 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.
- ^ "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.
- ^ "Omeed Malik's SPAC Nears Deal with 'Patriotic' Marketplace PublicSq". Bloomberg News. February 26, 2023.
- ^ "Robert F. Kennedy Jr.'s presidential run gets support from Wall Street veteran Omeed Malik". CNBC. June 21, 2023.
- ^ 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.