Omeed Malik | |
|---|---|
| Born | 1979or1980(age 45–46) New Jersey, U.S. |
| Education | Colgate University (BA) Emory University (JD) |
| Occupation(s) | Business executive and banker |
Omeed Malik (born 1979or1980 [1] ) is an American banker and executive. He is the founder and CEO of the merchant bank Farvahar Partners. [2]
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]
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 led by Tucker Carlson and Neil Patel. [14]
In 2023, Malik's Colombier Acquisition Corp. II agreed to merge with online marketplace Public Square. [15]
Malik was an early supporter of the Robert F. Kennedy Jr. presidential campaign leading up to the 2024 U.S. elections, [16] and later a supporter of Donald Trump presidential campaign. After Trump's conviction in New York, Malik said: "This verdict will have less than zero impact on my support". [17] [18] Following Trump's victory in the presidential election, Trump's eldest son Donald Trump Jr. announced that he would be joining Malik's 1789 Capital as opposed to a role in his father's administration. [19]
In January, 2025, Malik's company Colombier Acquisition Corp. II announced it would merge with GrabAGun, an online retailer of firearms, ammunition and gun accessories, with Donald Trump Jr. to participate as a shareholder and advisor. [20]
In April, 2025, Malik was appointed to Fannie Mae's Board of Directors by Bill Pulte, director of the Federal Housing Finance Agency. [21] Pulte's private investment firm, The Pulte Family Office, also was an investor in Malik's GrabAGun venture. [22]
On July 16, 2025, GrabAGun began trading on the New York Stock Exchange. [23]
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