Investment executive Eric Devon Carmichael was born on May 6, 1964 to Albert Leroy and Rosanne Brown in Columbus, Ohio. He graduated from Northland High School in Columbus in 1982. Carmichael then graduated with his B.A. degree in economics from the Wharton School of the University of Pennsylvania in 1986.
After college, Carmichael was hired as the senior vice president for Pryor, McClendon, Counts, & Co. investment firm, where he worked for 15 years. Carmichael has since founded or cofounded several firms that specialize in training, marketing, investments and real estate development. He cofounded New Millennium, Inc. (NMI) in 1995, a strategic consultative and marketing company. In 2004, Carmichael cofounded the Gideon Development Partners, LLC (GDP), an independent real estate development firm. Both NMI and GDP have been active in the rebuilding of Central Ohio’s urban communities. The GDP group acquired the Gateway Building in Columbus, Ohio’s landmark King Lincoln District. NMI has acquired dozens of properties in Columbus’ central city, making improvements, upgrades and renovations for prospective first time homebuyers.
In addition to his entrepreneurial and community development ventures, Carmichael served as a principal for Greentree Brokerage, a full service investment company, from 2000 to 2005. A year later, Carmichael was hired as senior vice president for Pacific American Securities.
In all, Carmichael has a total of more than 25 years in the investment banking and securities industry. During this time, he has served clients throughout the United States, Caribbean and in countries in Africa and Western Europe. These clients have included corporations, governmental entities and institutional investors. To date, Carmichael has assisted various entities in raising nearly $20 billion of capital. These funds were utilized to finance, projects such as airports, highways, housing water and wastewater projects, stadiums and convention centers.
He presently serves as treasurer and trustee for the Greater Columbus Arts Council and the Columbus Urban Growth Corporation. He is the former Director of Columbus Housing Partnership, Community Shelter Board, Neighborhood House and is a former trustee of Tabernacle Baptist Church.
Eric Carmichael passed away on August 5, 2012.
Eric D. Carmichael was interviewed by The HistoryMakers on April 2, 2012.