March 4, 2024

Omeed Malik, CEO of Colombier Acquisition Corp, New York Stock Exchange, June 17, 2021.

Source: NYSE

The current presidential candidate, anti-vaccine activist Robert F. Kennedy Jr., has another wealthy backer: Omeed Malik, a veteran Wall Street executive.

Last month, Malik took Kennedy to a lavish private dinner at the Bellagio hotel in Las Vegas, where he reached out to a string of political figures, according to people familiar with the matter.

The dinner was held in conjunction with the SCALE Global Business Summit and included former Secretary of State Hillary Clinton, former Trump economic adviser Gary Cohn, former Secretary of State Mike Pompeo, former British Prime Minister Boris Johnson, former Treasury Secretary Larry Summers and informed Democratic superdonor Marc Lasry, the people said.

many attendees are listing as a speaker at the summit. A spokeswoman for Cohen confirmed that he attended the dinner, which was attended by many of the speakers at the summit. Representatives for Kennedy, Clinton, Pompeo, Summers and Lasry did not respond to requests for comment on the dinner. A spokesman for Johnson could not be reached.

While these people say Kennedy wasn’t selling himself as a candidate, his presence at the dinner represented another way to strengthen his presence in the political conversation despite publicly promoting numerous conspiracy theories, including Debunk vaccines. The people declined to be named to discuss private deliberations and conversations.

Still, those at the dinner were concerned about the election. Some, including Clinton, have suggested that President Joe Biden’s age could be the hurdle he needs to be dismissive of voters, according to a person familiar with the matter. Clinton also cheered Biden for the presidency, another person said.she Before Biden’s “age is an issue. People have every right to think about it,” he said at a Financial Times event in May. Biden will turn 82 shortly after next year’s election, while former President Donald Trump will turn 82 in 2024. Turned 78 in November.

Kennedy also gained a bit of support in polls pitting him against Biden in the Democratic primary.June Quinnipiac polling It shows Biden with 70 percent support among Democrats and Democratic-leaning voters, while Kennedy has 17 percent support among those same groups.

Name recognition may be part of it. Kennedy was the son of former Attorney General Robert F. Kennedy, the former Attorney General who was assassinated during his own presidential campaign in 1968; he was the son of the late President John F. Kennedy Nephew of (John F. Kennedy), John F. Kennedy was shot in 1963.

Meanwhile, Malik supported Kennedy along with other wealthy donors. Venture capitalist David Sacks and tech guru Chamath Palihapitiya reportedly hosted a fundraiser for Kennedy this month. Tweet by Palihapitiya. The tweet said there was “amazing turnout,” with Democrats, Republicans and independents in attendance. The event raised about $500,000 for Kennedy’s campaign, according to another person with direct knowledge of the matter. Kennedy has also been a guest on the Sacks and Palihapitiya podcasts.

Billionaire Twitter owner Elon Musk hosted Kennedy at a recent Twitter Spaces. Malik joined the discussion. Musk said last year he was leaning toward supporting Florida Governor Ron DeSantis for president. Later, when he announced his run for president, he hosted a glitchy Twitter Spaces for Florida Republicans.

Malik set to host fundraiser

According to a person with direct knowledge of the matter, Malik will host a campaign fundraiser for Kennedy at the luxurious Hamptons in July. CNBC also reviewed an invitation to a Sag Harbor meetup. The invitation did not mention Malik by name, but said the event would feature cocktails, hors d’oeuvres and a dinner for discussions with Kennedy.

Tickets for the gathering are priced at $6,600, the most an individual donor can contribute directly to a campaign. Usually, half is used for the main account and the other half is used for the general election fund pool.

Malik’s Hamptons event for DeSantis is also taking place in July, according to one of the people.

A spokesman for DeSantis’ campaign did not respond to a request for comment. Malik himself has donated to candidates on both sides of the aisle. He made donations to DeSantis in his 2022 re-election campaign, Biden’s 2020 bid and Donald Trump’s failed second attempt at the White House, according to the nonpartisan OpenSecrets.

Malik was a managing director at Bank of America until 2018, after reports that, according to to the New York Post, leading to an eight-figure settlement with the company he won.

Malik has since carved his own path on Wall Street with two firms: 1789 Capital and Farvahar Partners.

postal Report Malik is launching a new fund called EIG – or Entrepreneurship, Innovation and Growth – through 1789 Capital.

The newspaper said the $150 million fund was backed by large Republican donor Rebekah Mercer, who helped fund Breitbart and later Cambridge Analytica. Analytica, and former Republican Arizona Senate candidate Blake Masters, who worked for Republican financier Peter Thiel.

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