Hassan Nemazee

Not to be confused with Hassan Namazi.
Hassan Nemazee
Personal details
Born (1950-01-27) January 27, 1950
Washington, DC
PartyDemocratic
Alma materLandon School
Harvard University
OccupationChairman/CEO of Nemazee Capital
WebsiteNemazee Capital

Hassan Nemazee (born January 27, 1950) is a multimillionaire Iranian-American investment banker.[1]

Life

Nemazee was born in Washington, D.C., on January 27, 1950, and attended Landon School, graduating in 1968.[2] He received his Bachelor of Arts (BA) degree with Honors from Harvard University in 1972.[3]

Nemazee has not returned to Iran since the Iranian revolution. Most of his family's property was seized by the new Iranian government.{{Citation needed|date=August 2007}[4]

Nemazee is the brother of Susie Nemazee, the wife of the British Ambassador to the United States from 2012-2016, Sir Peter Westmacott.

Nemazee is the Chairman of Nemazee Capital.[5]

Business interests

Nemazee Capital was established in 1987 and was purported, on its website, to have, either directly or through associated entities, invested in the following sectors: health care, media, oil and gas, insurance, investment banking, asset management, newspapers, real estate development, technology, and communications.

Nemazee claims to have created Nemazee Holdings in the early 1970s and entered the financial services industry by partnering directly with AIG; at the time, according to information supplied by Nemazee, it was unique for the insurance giant to enter into such a relationship. Around this same time Nemazee claims to have created a joint venture for the establishment of a bank with Morgan Guaranty Trust Company, predecessor to JP Morgan & Co. Nemazee Capital evolved out of Nemazee Holdings and originally focused on real estate development.[6]

In 2024, he become the board member of the Fortune Society.[7]

Political involvement

During the 2004 United States presidential election, Nemazee was a supporter of John Kerry and a major contributor to his campaign. He was the New York Finance Chair for the Kerry campaign, and later the national finance chairman of the Democratic Senatorial Campaign Committee.[8] With Nemazee as the national finance chair, Chuck Schumer's DSCC in 2006 raised $115 million, outpacing the NRSC by substantial sums, and helping the Democratic Party take control of the Senate.[9] During his presidency, Bill Clinton nominated Nemazee to fill the position of U.S. Ambassador to Argentina.[10] Due to Congressional concerns about Nemazee's convoluted and controversial business dealings, the nomination was subsequently withdrawn[11] More recently, Nemazee served as Finance Chairman to Hillary Clinton's 2007-08 presidential campaign, and also donated $50,000 (the maximum amount) to Barack Obama's Presidential Inaugural Committee.[12] In addition, Nemazee was a bundler for the 2009 Presidential Inaugural Committee.[13][14][15][16]

Memoir

In August 2024 Hassan Nemazee published "Persia, Politics & Prison: A Life In Three Parts," his autobiographical account of his life in Iran before the Islamic Revolution, his time in the United States as a political fundraiser.[17]

References

  1. ^ "Dems return Nemazee contributions". POLITICO. 26 August 2009.
  2. ^ Aleksander, Irina (20 October 2008). "Former Clinton Finance Chair Hassan Nemazee Defends His Kids' Political Contributions". Observer.
  3. ^ "Hassan Nemazee". Archived from the original on 2007-08-13. Retrieved 2007-08-01.
  4. ^ http://www.talkingpointsmemo.com/.../hassan-nemazee-indictment.php?...
  5. ^ "NEMAZEE CAPITAL – Hassan Nemazee – 30 Years of Investment Experience". Archived from the original on 2008-08-28. Retrieved 2008-07-07.
  6. ^ "Hostage Crisis Hurts Some Iran Businesses But the Impact Bypasses Many". The New York Times. 17 December 1979.
  7. ^ Simmons, Jeff (14 November 2024). "Fortune Society Welcomes New Board Member Hassan Nemazee". Queens, NY Patch.
  8. ^ Marketplace: Hedge funds leaning blue
  9. ^ "东方心经今期必中图,东方心经 今晚,2018年曾道五字诗 2018东方心经今期彩图". Archived from the original on 2007-10-10. Retrieved 2007-01-10.
  10. ^ The New York Times > Washington > Campaign 2004 > Cash Collectors for Kerry Race Run the Gamut
  11. ^ Graham Button (3 May 1999). "Warning flags". Forbes.
  12. ^ "PicSell, promote your photos online, set up your photo gallery". PicSell Australia. Archived from the original on 2008-12-14.
  13. ^ "PicSell, promote your photos online, set up your photo gallery". PicSell Australia. Archived from the original on 2009-02-20.
  14. ^ "Nemazee, Political Fundraiser, Charged With $74 Million Fraud - Bloomberg". Bloomberg News. 2012-02-21. Archived from the original on 2012-02-21. Retrieved 2023-05-25.
  15. ^ Chad Bray (3 September 2009). "Fund-Raiser Faces New Allegations". WSJ.
  16. ^ Weiser, Benjamin (2019-04-13). "He Committed a $300 Million Fraud, but Left Prison Under Trump's Justice Overhaul". The New York Times.
  17. ^ Nemazee, Hassan (2024). persia, politics, and prison: a life in three parts. ISBN 9781734590456.
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