Draft:Charles Corm II

Charles Corm II
Born
Charles David Corm

January 31, 1974
Beirut, Lebanon
EducationColumbia Business School
OccupationInvestor
Known forFounding CORMCO
TitleFounder and Managing Partner of CORMCO
SpouseLynn Dagher
ChildrenCarma, David
Parent(s)David Corm, Maya Shahid
RelativesCharles Corm (grandfather), Daoud Corm (great-grandfather)

Charles Corm II is a Lebanese investor[1][2][3] who serves as Managing Partner of CORMCO LLC (referred to as CORMCO) a private investment company he founded in 1998 and focused on public and private companies in the global tech, biotech, and real estate 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 25 years later, among the 10 most valuable technology companies in the world.[7][3][4]Charles has received several industry awards associated with his ongoing role at CORMCO.[8][9]

Early life

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Charles was born on January 31, 1974, in Beirut, Lebanon. His mother, Maya Shahid, is a Lebanese painter and his father, David, is a Lebanese 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 Charles grew up and attended school at Lycée Saint-Louis-de-Gonzague, a highly selective Jesuit school. He later attended Pars Dauphine University, from which he graduated in 1996 with an MSG in economics, management, and finance in 1996.[4][3]

Charles 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 2003.

Career

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Charles started his career as as hedge fund analyst, covering US technology and biotechnology stocks, 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 tech, biotech, and real estate industries.[3][4][7]

Through CORMCO, Charles 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 10 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[10][11].

Personal life

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Charles now lives in Beirut, Lebanon, where he returned to in 2003. He is married to Lynn Dagher. They have two children, Carma and David. Charles is also, in his free time, an exhibited digital painter and digital designer.

References

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  1. ^ Carla Henoud (24 September 2009) "Charles Corm, le visionaire", L'Orient-Le Jour. [1]
  2. ^ a b c Franck Salameh Charles Corm: An Intellectual Biography
  3. ^ a b c d e f g h i j 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.
  4. ^ a b c d e f g h "CORMCO LLC • sec.gov/cgi-bin/browse-edgar/cormco_llc". www.sec.gov. Retrieved 2024-05-25.
  5. ^ 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.
  6. ^ Homsi, Sandra (2024) [2023]. "CORMCO • Patient Capital & Superior Returns • About". Beirut Governate, Lebanon: CORMCO LLC.
  7. ^ a b c d Huisman, Kuno J. M. (2001-11-30). Technology Investment. Springer Science & Business Media. ISBN 978-0-7923-7487-9.
  8. ^ 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.
  9. ^ Homsi, Sandra (2024) [2023]. "CORMCO • Patient Capital & Superior Returns • About". Beirut Governate, Lebanon: CORMCO LLC.
  10. ^ Sharma, Sanjay; Sharma, Pramodita (2019-07-18). Patient Capital. Cambridge University Press. ISBN 978-1-107-12366-3.
  11. ^ 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.
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