Hassan Nemazee

Hassan Nemazee

Infobox_President
name=Hassan Nemazee
birth_date=birth date and age|1950|01|27
birth_place=Washington, DC
party=Democratic
occupation=Chairman & CEO, Nemazee Capital
alma_mater=Harvard University
website= [http://www.nemazee.com/index.html/ Nemazee Capital] |

Hassan Nemazee is a multimillionaire Iranian-American investment banker. Nemazee was born in Washington, D.C. on January 27, 1950 and attended Landon School, graduating in 1968. He received his AB degree with Honors from Harvard University in 1972. [ [http://www.iranianamericanpac.org/leadership/p_nemazee.shtml Hassan Nemazee ] ] Nemazee has not returned to Iran since the Iranian revolution. Most of his family's property was seized by the new Iranian government.Fact|date=August 2007

Nemazee is the Chairman of Nemazee Capital [ [http://www.nemazee.com NEMAZEE CAPITAL – Hassan Nemazee – 30 Years of Investment Experience ] ] and also serves as Co-Chair of Carret Asset Management and Brean Murray Carret.

Business Interests

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

Nemazee created Nemazee Holdings in the early 1970’s and entered the financial services industry by partnering directly with AIG; at the time, it was unique for the insurance giant to enter into such a relationship. Around this same time Nemazee 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. More recently, the company has turned its investment portfolio towards the financial services industry through the acquisition of Carret Asset Management [ [http://www.carret.com/ Carret Asset Management LLC ] ] , a privately owned, $2 billion investment advisory firm originally founded by investor Phillip Carret/ Nemazee Capital also participated in the acquisition of the Brean Murray investment bank now called Brean Murray Carret & Co [ [http://www.breanmurraycarret.com/ Brean Murray, Carret & Co, LLC ] ] .

Political Involvement

Nemazee is also known as one of the top political donors in the United States.

During the 2004 US Presidential Elections, 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 is currently the national finance chairman of the Democratic Senatorial Campaign Committee. [ [http://marketplace.publicradio.org/shows/2006/10/30/PM200610304.html Marketplace: Hedge funds leaning blue ] ] 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. [http://www.changetheparty.com/index.php?option=com_content&task=view&id=53&Itemid=57] During his presidency, Bill Clinton nominated Nemazee to fill the position of U.S. Ambassador to Argentina. [ [http://www.nytimes.com/2004/08/16/politics/campaign/16donors.html?ex=1250308800&en=0d1e94d3797ddd53&ei=5090&partner=rssuserland The New York Times > Washington > Campaign 2004 > Cash Collectors for Kerry Race Run the Gamut ] ] More recently, Nemazee served as Finance Chairman to Hillary Clinton's 2007-08 presidential campaign.

Board Associations

Nemazee is involved with the following business, charitable, international, and political organizations:

* RAND Center for Middle East Public Policy Advisory Board 2006
* Member, Advisory Board Foreign Policy Leadership Council - 2004
* Member, Council on Foreign Relations - 2004
* Member, Board of Directors. [ [http://www.iranianamericanpac.org/leadership/ov.shtml Leadership Profiles ] ] , Iranian American Political Action Committee (IAPAC)
* Member, Board of Trustees, Asia Society - March 2003
* Member, Asia Society Policy Advisory Board
* Member, Advisory Board of the National Security Network
* Member, Visiting Committee of the Center for International Affairs, Harvard University 1998 - 2005
* Member, Visiting Committee on University Resources, Harvard University 1986-2002
* Member, Middle East Center Advisory Council at Harvard University 1990 - 1994
* Member, International Affairs Planning Committee, Harvard University 1990-1995
* Vice Chairman, Encyclopedia Iranica affiliated with Columbia University 1990-1998
* Member, Board of Trustees of The Spence School 1993 - 1997
* Member, Board of Trustees of The Brain Trauma Foundation 1996 - present

Nemazee Hospital and Nemazee Family Philanthropy

Hassan Nemazee is active in several philanthropic endeavors, serving on several charitable boards.

Nemazee, and his family, have long been involved with philanthropic endeavors in pursuit of advanced healthcare. Nemazee Hospital was founded by Hassan Nemazee’s father, Mohamed Nemazee, who was born in 1896 in Bombay, India, to Iranian parents residing in the Far East. He was primarily a self-educated man who built a considerable fortune through a successful shipping enterprise based in Hong Kong between the two world wars.

In 1953, when Nemazee Hospital and Nemazee School of Nursing were inaugurated, they were state-of-the art facilities. By this time, Nemazee had donated $10 million (equivalent to $100 million dollars today) of his own money, all derived from his shipping business in Hong Kong, to construct and maintain the medical facility and water works.

Nemazee Hospital, Nemazee School of Nursing, and surrounding facilities also indirectly laid the groundwork for the development of a full-fledged university system constructed on the American model. In 1960, Shah Mohamed Reza Pahlavi commissioned a study that selected Shiraz instead of Tehran as the site for an Iranian university; the primary reason was that the Nemazee medical center complex provided the best base on which to build. Shiraz University was thus created and became the most advanced, western style academic institute in the Middle East.

References

External links

* [http://select.nytimes.com/gst/abstract.html?res=F60711FA3B541A7A93C1A8178AD95F448685F9 "Rehabilition in Iran"] from the New York Times
* [http://select.nytimes.com/gst/abstract.html?res=FB0717FD3A5B167B93C2AA178BD95F408585F9 "Iranian Hospital Center Said To Rival Best In U.S."] from the New York Times
* [http://select.nytimes.com/gst/abstract.html?res=F70610FA345A1B7B93CBAB178ED85F418585F9 "U.S.-Type Hospital Dedicated By Shah"] from the New York Times
* [http://www.iranian.com/News/1999/June/nemazee.html "A nod for envoy to Argentina"] from Iranian.com
* [http://nymag.com/nymetro/news/people/columns/intelligencer/15311/ "Blue in Your Face: Can the Democrats stay united long enough to take back the Senate? At least it's easier for them to raise money now"] from New York Online Magazine
* [http://www.usatoday.com/news/politics/election2008/2008-06-24-obama-clinton-debt_N.htm?loc=interstitialskip "Obama shares fundraisers with Clinton"] from USA Today
* [http://www.usatoday.com/news/politics/2008-06-22-1571558437_x.htm "Clinton, Obama Could Help Each Other Financially"] from USA Today
* [http://wtop.com/?nid=213&pid=0&sid=1423778&page=1 "Clinton Asks Top Donors to Meeting With Obama"] from the AP


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