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 business executive. He is the founder and CEO of the merchant bank Farvahar Partners, [2] and co-founder of conservative venture capital firm 1789 Capital. [3]
Omeed Malik was born in New Jersey to an Iranian mother and a Pakistani father. [4] He received his Juris Doctor degree from Emory University Law School and his bachelor's degree from Colgate University. [5]
Malik started as a spokesperson for Representative Donald M. Payne. [6] 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. [7] [8] [9] Malik left Bank of America in January 2018 to launch an advisory firm for hedge funds and alternative investment managers. [9] 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. [10] [11] [12] In July 2018, Bank of America settled the case and paid Malik an eight-figure sum. [10]
In 2018, Malik appeared on Showtime TV series Billions in a cameo role. [13]
In 2020, Neil Patel brought in Malik as a new partner of right-wing news site The Daily Caller . [14]
In 2022, Malik, Rebekah Mercer, and Chris Buskirk founded 1789 Capital, a venture capital firm which focuses on products and companies associated with conservative values. [15] In 2023, it made its first investment into the new media company led by Tucker Carlson and Neil Patel. [3]
In 2023, Malik's Colombier Acquisition Corp. II agreed to merge with online marketplace Public Square. [16]
Malik was an early supporter of the Robert F. Kennedy Jr. presidential campaign leading up to the 2024 U.S. elections, [17] 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". [18] [19] 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. [20]
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. [21]
In April 2025, Malik was appointed to Fannie Mae's Board of Directors by Bill Pulte, director of the Federal Housing Finance Agency. [22] [23] Pulte's private investment firm, The Pulte Family Office, also was an investor in Malik's GrabAGun venture. [24] On July 16, 2025, GrabAGun began trading on the New York Stock Exchange. [25]
In 2025, Malik and partners at 1789 Capital opened the Executive Branch, a private, MAGA-friendly club in Georgetown, Washington, D.C. [26]
According to Malik, he used to be a "run-of-the-mill Democrat" until the COVID-19 pandemic, when he became a Republican. [27] However, New York Magazine noted that according to public records, Malik donated to Democrats until July 2019, when he switched to only donate to Republicans like Donald Trump. [27]
Malik lived in New York until 2020, when he and his family moved to Florida. [27] [28]
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