Jacob Gottlieb is back in business as an entrepreneur. He is happy to be working with his old friend Stuart Weisbrod. Weisbrod and Gottlieb met when they were both at Merlin Biomed Group, which is a company that Weisbrod co-founded. Jacob worked as a portfolio manager for Weisbrod in 2000. He gives Weisbrod the credit for providing him with his management style in business. Gottlieb learned a great deal from Stuart. He did great things for Merlin and brought several high-profile clients to the company before it closed for business in 2007.
Jacob Gottlieb moved on to other successful ventures. He launched Visium Asset Management with a 300 million dollar investment. The company grew very rapidly. Soon it was worth 2.5 billion dollars. Visium sustained success and even broke ground during the 2008 financial crisis to become an 8 billion dollar hedge fund. The company had over 200 employees with offices in London, New York and San Francisco.
Visium Asset Management would run into serious adversity when its top executives were accused of insider trading. The FBI was tipped off by an informant working on the inside of the organization. They immediately began an investigation and brought charges to members of company.
Jacob Gottlieb was never charged of any unethical practices. He remained with Visium as its CEO to wind down the company. He also dedicated himself to returning funds to investors. Visium remains under the watchful eye of the SEC.
Jacob Gottlieb is currently setting up his next business venture. He has founded Altium Capital Altium Capital will be a hedge fund that focuses on investing in healthcare systems. Gottlieb is getting back to his area of expertise. The company already has a stake in Oramed Pharmaceuticals Inc, which is a cutting-edge healthcare provider that will save millions of lives in the future.