ENGLEWOOD CLIFFS, NJ—Procida Funding and Advisors, reaching back into its founding history, has hired Omar Khan, the grandson of one of the firm's original investors, to join the firm's asset management team.

The asset management team oversees the 100 Mile Fund, an investment real estate fund which covers a broad range of asset classes within a 100-mile radius of Englewood Cliffs. Assets include ski resorts, hotels, manufacturing facilities, chemical plants, as well as conventional real estate classes.

Khan's grandfather, Abdul Qayum, helped start then 19-year-old William “Billy” Procida's career by investing $400,000 in 1982.

Khan's uncle, Ahsan, worked with Billy in the early 1980s to build the White Beach Condominiums Marina between the Throgs Neck Bridge and the Whitestone Bridge in Bronx, NY. That project resulted in Procida's 15-year run as a New York developer and contractor.

“I was very lucky to have met, been mentored, and receive investment money from Omar's grandfather Abdul Qayum,” Procida recalls. “Abdul was a member of Noon Qayum, one of Pakistan's biggest engineering firms in the 1970s and 1980s. I love and miss him and still have his brochure in my office, so when his grandson walked in it, was a total WOW moment.”

Khan graduated from Texas A&M University, where he was a member of the Chemical Engineering Honor Society and was a recipient of the Dean's Honor Roll and Distinguished Student Award.

Instant Insights /

Procida Funding Hires Grandson of Original Investor

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