If you haven’t heard of Jacob Gottlieb, he is the Founder of Visium Asset Management, a multibillion-dollar hedge fund based in New York. Founded in 2005, Visium manages assets in the neighborhood of $3.5 billion and prides themselves on their proficiency in maneuvering through the healthcare industry. Yes, Visium Asset Management is a hedge fund firm predicated on generating capital through strategic investment in healthcare stocks. In fact, one of the firm’s most successful products is the Visium Balanced Fund, which generates an annual return of 15.6 percent from a long-short equity healthcare fund, with a valuation of more than $2.4 billion. Although these are impressive numbers, Gottlieb, according to an article in the Institutional Investor, has his sights set on achieving even greater success. What does this entail? Well, he has aspirations of not only transforming Visium into a multistrategy firm but also, a firm with a broad product portfolio that rivals competitors. Although this sounds like a lofty goal, it is highly probable, especially in light of Jacob Gottlieb’s background.
Jacob Gottlieb is the son of a pediatrician mother and a university professor father, who teaches economics; so, his choice to pursue a career that would marry finance and medicine makes perfect sense. Gottlieb attended the famed New York University School of Medicine, where he earned an MD, Doctorate, before going to attend Brown University, where he earned an A.B. in Economics. After completing his education, Gottlieb began his career with Sanford C. Bernstein, a privately owned investment manager. In his role with the firm, Gottlieb worked in buy-side research, which entailed performing research and making recommendations to money managers. After a stint with Sanford C. Bernstein, Gottlieb joined Balyasny Asset Management, a global industry-leading investment management firm. In his new role, Gottlieb served as both a partner and a portfolio manager.
In addition to his impressive educational background, and his experience working with highly regarded investment management firms, Gottlieb received the Chartered Financial Analyst award, which was presented to him by the Association for Investment Management and Research, in 2001. Although he is praised for his business acumen, Gottlieb is also a proponent of helping the less fortunate. In fact, he is active in a number of charitable organizations like the Robin Hood Foundation, one of New York’s biggest organizations predicated on fighting poverty. If you’re unfamiliar with the Robin Hood Foundation, it was Co-founded by several hedge fund managers, in 1988. The foundation aims to provide services that benefit New York’s poor population, and also, helps to improve their overall prospects, with regard to employment opportunities, healthcare, long-term housing, and other programs.