Who is Omar Amanat? Omar is an entrepreneur and the CEO of Peak Group Holdings, an investment firm specialising in real estate, technology, and entertainment. Omar has been named one of Wall Street’s “Top Ten Most Influential Technologists”. He has been featured and mentioned in numerous media including the New York Times, the Wall Street Journal, Fortune magazine and Oprah.com.
After graduating from The Wharton School at UPenn in 1995, Omar started his career in finance and technology. His first big win came in 1996 when he co-designed the CyberTrader trading platform which later sold to Charles Schwab in 2000 for $488 million.
He then became the founder, CEO and majority shareholder of Tradescape Corporation, which was named one of the “Top 50 Private Companies in the United States” by Red Herring Magazine with revenues of $250 million per annum and 30 branch offices throughout the world. It’s trading technology processed over 10% of NASDAQ’s daily trading volume and it was the largest electronic-trading firm in the United States in 2002 when he sold it to ETrade for $280 million, becoming one of ETrade’s largest shareholders.
After the tragic events of 9/11, Omar shifted his focus from building portfolios to building a better world. He began seeking out companies that, “have the goal of bringing humanity together”. He went on to become a co-founding seed investor and/or partner in several dozen companies in media, finance and technology that fit his ethos. Most notable amongst those endeavours was Summit Entertainment, a then fledgeling production company. Omar provided and/or otherwise raised 50% of the capital for Peak during Summit’s $1 Billion financing, making Peak Group Summit’s largest shareholder. Shortly after, Summit it went on to produce dozens of box office success, including “Darfur Now”, winner of the NAACP Image Award for Best Documentary and the “Twilight” series, which grossed over $2.7 billion dollars worldwide.
Alongside his investments, Omar entered the world of philanthropy. He has sat on the boards of Human Rights Watch, the Harlem Youth Development Foundation and was an initial board member of the Rubin Museum of Art, the premier museum of Buddhist and Himalayan art in the western hemisphere. He was a term member of the Council on Foreign Relations, and served as the vice chairman of the Acumen fund, which was voted by Barron’s as one of the “5 charities changing the face of philanthropy.”