Overview
- Rose Lake Capital deleted the names and biographies of nine officers and advisers from its website between September and October, including several former Obama‑era officials, according to site records reported by multiple outlets.
- Omar’s latest disclosure lists assets between $6 million and $30 million after entering Congress with a negative net worth, while Rose Lake’s reported value rose from under $1,000 in 2023 to $5 million–$25 million in 2024.
- The firm also claims to manage $60 billion in assets, a figure that has prompted skepticism from industry observers given its limited public footprint and WeWork mailing address.
- Prosecutors have charged nearly 90 people in the pandemic‑era child‑nutrition scheme in Minnesota; Omar sponsored the 2020 MEALS Act that relaxed oversight, which she defends, saying it helped feed children.
- Omar’s campaign reported returning $7,400 in donations from individuals later convicted in the scheme, and Mynett’s separate winery venture saw a sharp valuation jump after a 2023 investor lawsuit was settled out of court.