Omar M. Asali is Chief Executive Officer, President and a member of the Board of Directors of HRG Group. Mr. Asali is also the Vice Chairman of Spectrum Brands Holdings, Inc., the Chairman of HGI Asset Management Holdings, LLC and a member of the Board of the Directors of Fidelity & Guaranty Life, Front Street Re (Cayman) Ltd, Zap.Com Corporation, and Compass Production GP, LLC, each a subsidiary of HRG Group.
Mr. Asali is responsible for overseeing the day-to-day activities of HRG Group, including M&A activity and overall business strategy for HRG Group and HRG Group’s underlying subsidiaries. Mr. Asali has been directly involved in all of HRG Group’s acquisitions across all sectors, and he is actively involved in HRG Group’s management and investment activities. Prior to becoming President of HRG Group, Mr. Asali was a Managing Director and Head of Global Strategy of Harbinger Capital Partners LLC, an affiliate of HRG Group, where he was responsible for global portfolio strategy and business development.
Before joining Harbinger Capital in 2009, Mr. Asali was the co-head of Goldman Sachs Hedge Fund Strategies (“Goldman Sachs HFS”) where he helped manage approximately $25 billion of capital allocated to external managers. Mr. Asali also served as co-chair of the Investment Committee at Goldman Sachs HFS. Before joining Goldman Sachs HFS in 2003, Mr. Asali worked in Goldman Sachs’ Investment Banking Division, providing M&A and strategic advisory services to clients in the High Technology Group. Mr. Asali previously worked at Capital Guidance, a boutique private equity firm. Mr. Asali began his career working for a public accounting firm. Mr. Asali received an MBA from Columbia Business School and a B.S. in Accounting from Virginia Tech.
HRG Group, Inc., (NYSE: HRG) formerly Harbinger Group Inc. and Zapata Corporation, is a holding company based in Rochester, New York, and originating from an oil company started by a group including the former United States president George H. W. Bush. In 2009, it was renamed the Harbinger Group Inc.