Draft:Charles Corm II
Charles Corm II | |
|---|---|
| Born | Charles David Corm January 31, 1974 Beirut, Lebanon |
| Education | Columbia Business School |
| Occupation(s) | Entrepreneur, Investor |
| Known for | Founding CORMCO, LLC (formerly known as Corm Capital Holdings, LLC) |
| Title | Founder and Managing Partner of CORMCO, LLC |
| Spouse | Lynn Dagher |
| Children | Carma, David |
| Parent(s) | David Corm, Maya Shahid |
| Relatives | Charles Corm (grandfather) Daoud Corm (great-grandfather) |
Charles David Corm II is a Lebanese entrepreneur and investor[1][2][3], who serves as Managing Partner of CORMCO, LLC (often referred to as CORMCO and formerly known as Corm Capital Holdings, LLC), a private investment company he founded in 1998 and focused on public and private companies in the global technology and biotechnology industries[4][3][5][6]. From 1998 to 2001, CORMCO invested in a string of high-profile IPOs, such as Broadcom in 1998[4][3] and Nvidia in 1999[4][3], these two companies now being, more than 20 years later, among the most valuable technology companies in the world.[7][3] CORMCO still held these equity positions as of December 2023.[4] Corm is listed in Marquis Who's Who in finance and has received several industry awards associated with his ongoing role at CORMCO.
Early life[edit]
Charles David Corm II was born on January 31, 1974, in Beirut, Lebanon. His mother, Maya Shahid, is a Lebanese Bahai painter and his father, David, is a Lebanese Maronite architect and businessman.[2] He is the grandson of Lebanese writer and industrialist Charles Corm. His great-grandfather is Lebanese painter Daoud Corm.[2]
In 1975, when the Lebanese Civil War erupted, his parents sought refuge in Paris, where Corm grew up and attended school at Lycée Saint-Louis-de-Gonzague, a highly selective Jesuit school ranked #1 lycée in France by the newspaper Le Figaro. He later attended Pars Dauphine University, from which he graduated in 1996 with an MSG in economics, management, and finance in 1996.
Corm then earned, in 2003, an M.B.A from Columbia Business School in New York City, where he lived seven years before returning to Beirut, Lebanon in October 2003.
Career[edit]
Charles David Corm II started his career as as hedge-fund analyst, covering US technology and biotechnology, on Wall Street in 1997[3][7]. In 1998, he quit his job to found CORMCO, a private investment company focused on public and private companies in the global technology and biotechnology industries.[3][4][7]
Through CORMCO, Corm invested in a string of high-profile IPOs, such as Broadcom in 1998[3][4] and Nvidia in 1999[3][4], these two companies now being, more than 20 years later, among the most valuable technology companies in the world.[7] While most investment firms at the time spent considerable time, money, and manpower trading equities, CORCMO was an early proponent of patient capital[8][9], in particular with regards to technology and biotechnology investments. In fact, CORMCO went to hold most of its 1998 to 2001 positions for over 27 years and counting.
In May 2024, CORMCO disclosed a sale of 304,531 shares of Nvidia Corporation.[10]
Personal life[edit]
Charles David Corm II now lives in Beirut, Lebanon, where he returned to in 2003. He is married to Lynn Dagher. They have two children, Carma and David. Corm is also, in his free time, an exhibited painter and digital artist.
References[edit]
- ^ Carla Henoud (24 September 2009) "Charles Corm, le visionaire", L'Orient-Le Jour. [1]
- ^ a b c Franck Salameh Charles Corm: An Intellectual Biography
- ^ a b c d e f g h i Kwatinetz, Mike; Wood, Danielle Kwatinetz (2004-03-15). The Big Tech Score: A Top Wall Street Analyst Reveals Ten Secrets to Investing Success. John Wiley & Sons. ISBN 978-0-471-43665-2.
- ^ a b c d e f g "CORMCO, LLC • sec.gov/cgi-bin/browse-edgar/cormco_llc". www.sec.gov. Retrieved 2024-05-25.
- ^ Ginsberg, Ari (2017-01-18). Investing in New Information Technology: The Role of Competitive Posture and Issue Diagnosis (Classic Reprint). FB&C Limited. ISBN 978-0-243-07486-0.
- ^ Homsi, Sandra (2024) [2023]. "CORMCO • Patient Capital & Superior Returns • About". Beirut Governate, Lebanon: CORMCO, LLC.
{{cite web}}: CS1 maint: url-status (link) - ^ a b c d Huisman, Kuno J. M. (2001-11-30). Technology Investment. Springer Science & Business Media. ISBN 978-0-7923-7487-9.
- ^ Sharma, Sanjay; Sharma, Pramodita (2019-07-18). Patient Capital. Cambridge University Press. ISBN 978-1-107-12366-3.
- ^ Kaplan, Stephen B. (2021-07-15). Globalizing Patient Capital: The Political Economy of Chinese Finance in the Americas. Cambridge University Press. ISBN 978-1-107-18231-8.
- ^ "NVIDIA CORP • May 2024 Filings". www.sec.gov. Retrieved 2024-05-25.
External links[edit]