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Omeed Malik

From Wikipedia, the free encyclopedia
Omeed Malik
Born1979 or 1980 (age 44–45)
NationalityAmerican
EducationColgate University (BA)
Emory University (JD)
Occupation(s)Executive, banker, lawyer

Omeed Malik (born 1979 or 1980[1]) is an American executive and the current founder and CEO of the merchant bank Farvahar Partners.[2]

Early life

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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

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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]

References

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  1. ^ Tan, Gillian (March 19, 2021). "Omeed Malik, Former BofA Executive, Is Said to Join SPAC Frenzy". Bloomberg News.
  2. ^ "Malik Launches Merchant-Banking Business". Retrieved May 16, 2019.
  3. ^ "Disgraced ex-BofA exec raises uncomfortable questions about #MeToo". Retrieved May 16, 2019.
  4. ^ https://www.wsj.com/market-data/quotes/PSQH/company-people/executive-profile/204042773
  5. ^ "Republicans sympathetic, Demos wary of call for union sunshine bill". July 22, 1999. Retrieved May 16, 2019.
  6. ^ "Unconventional Lawyers: The Enduring Value of a Legal Education". May 2, 2016. Retrieved May 16, 2019.
  7. ^ a b "Ex-Bank of America executive Malik to launch fund advisory firm". Reuters. Retrieved May 16, 2019.
  8. ^ a b "BofAAgrees to Settlement With Former Executive Omeed Malik". Bloomberg News. July 13, 2018. Retrieved November 18, 2024.
  9. ^ "Ex-Bank of America executive seeks $100 million in damages in defamation claim". CNBC. April 27, 2018. Retrieved May 16, 2019.
  10. ^ "Meet the Lawyer Representing Wall Street's #MeToo Men". Retrieved May 16, 2019.
  11. ^ "Omeed Malik Surfaces in Season Premiere of Showtime's 'Billions'". Bloomberg L.P. March 26, 2018. Retrieved May 16, 2019.
  12. ^ 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.
  13. ^ "Conservatives Are Spending Millions to Build A 'Parallel Economy' of Anti-Woke Businesses". Forbes.
  14. ^ Hagey, Keach (October 17, 2023). "Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital". The Wall Street Journal.
  15. ^ "Omeed Malik's SPAC Nears Deal with 'Patriotic' Marketplace PublicSq". Bloomberg L.P. February 26, 2023.
  16. ^ "Robert F. Kennedy Jr.'s presidential run gets support from Wall Street veteran Omeed Malik". CNBC. June 21, 2023.