Jacob Gottlieb was the founder of Visium Asset Management in 2005. Gottlieb earned a medical degree from New York University School of Medicine. He practiced medicine for awhile before switching his profession to finance.
Mr. Gottlieb developed Altium Capital that handles his personal wealth and is the employer of six workers. Gottlieb began Atrium after he liquidated Visium in 2016. Visium was liquidated after a scandal surrounding, portfolio manager, Sanjay Valvani resulted in his suicide. He committed suicide several days after his June 2016 indictment.
Valvani and Gottlieb’s former brother-in-law, Stefan Lumier, were charged with inside trading. Jason Thornell, a one-time junior trader at Visium, taped Jacob Gottlieb doing business. Thorell had been working undercover for the FBI for two years at the time. Jacob Gottlieb has not been accused of any wrong doing in the scandal. When Visium shutdown, Gottlieb returned money to the investors along with an apology. Gottlieb made a public announcement in which he stated that he ran a very high quality firm of honesty and integrity. Gottlieb wanted to start again with Atrium.
Jacob Gottlieb has been investing in stocks and bonds since he was a teenager. Now, 46, Gottlieb hopes to continue in the investment profession for the rest of his life. Atrium Capital makes investment in the healthcare. Mark Gottlieb, Gottlieb’s brother, is the CEO of Atrium. While Visium began winding down in its last two years in business, Jacob Gottlieb began planning his new investment company. Once Visium healthbound business ended, Gottlieb wanted to waste no time jumping into the new company business. With Jacob Gottlieb’s experience in medicine, he believes the time is now for healthcare based hedge funds. The funds will focus on thoughtful methodical research. It makes sense having a healthcare hedge fund off-seting the rising cost of healthcare.
Find out more about Jake Gottlieb Altium: https://www.cnbc.com/jacob-gottlieb–cnbc/