Jacob Gottlieb founded the Visium Asset Management where he is the Chief Investment Officer. This is a multi-strategy investment company that owns $6 billion worth of assets. The company that is based in New York has over 80 investment experts whose focus is primarily on fundamental equity strategies.
Before Jacob launched Visium back in 2005, he was a partner and manager at Balyasny Asset Management. He had also worked as a portfolio manager at Sanford C. Bernstein.
Jacob has various education certificates, including:
- A BA in Economics from Brown University
- An MD from New York Medical School University
- A CFA charter from AIMR
- A PRM designation from the International Association of Professional Risk Managers
In June 2016, Jacob announced that Visium was closing its doors due to charges that came from bond mis-marking. Currently, he is the only executive who still works at Visium Asset Management. As the company proceeds to wind down, he has maintained his position as the CIO.
His Career Journey
Gottlieb started a healthcare hedge fund together with other 20 investment partners, demonstrating his expertise in finance. This also goes hand in hand with his medical degree. Immediately after he completed his healthcare internship, Jacob deemed it better to venture into finance and proceeded to look for a job on Wall Street.
In 1998, Jacob went to Sanford C. Bernstein, a company that covers global healthcare. He worked there for a number of years before leaving to continue with his career at Merlin Biomed Group. However, his stay at this company was short-lived, and he moved on to work at Balyasny Asset Management. Here, he brought a team together that made him earn a reputation of big portfolio gains top earner of the firm. Since he wanted to manage more money, Jacob gathered his team and left Balyasny with around $300 million as capital. This is the money that was used to start Visium.
At its best, Visium was worth $8 billion and had 170 employees. Since Gottlieb was not charged with any wrongdoing, he continues to work as the firm’s CIO. He also works with Covenant House, a nonprofit organization that houses orphans and provides for their upkeep.