For a man who has loves investing and has been doing so since his teen years the closure of one business is not the end of life. That is former Visium Asset Management LP owner Jacob Gottlieb for you. It will be remembered that in 2016, Jacob closed down his investment company after allegations of insider trading and inflation of the company assets that saw some of his employees charged in court of law.
Mr. Gottlieb who was not charged with any wrongdoings clearly has not caught any sleep in the two years. In addition to liquidating the company amicably, the decorated hedge fund manager has been plotting his comeback to the market. With no clear timings laid out, he seems to have found out just the right product to do so, health care stocks!
Currently Jacob Gottlieb is involved with Altium Capital a family office and has a total of six employees mostly managing his personal investments. Like Visium, Altium Capital bets in health care stocks and with the leadership of Gottlieb’s brother, Mark Gottlieb, as its COO (chief operating officer) things look promising.
Jacob Gottlieb, a medical doctor is optimistic of the market and promises a new product soon. According to Jacob, he thinks that the time for a hedge fund that is health care focused is now. The investor takes note of the numerous companies that have gone public over the last five years alone noting that soon the value creation and destruction of the health-care hedge fund will be high. To help client’s get value of their investment Gottlieb’s thoughtful and methodically researched hedge fund will come in handy.
As we await Gottlieb’s official announcement date of his hedge fund, we are curious to find out if truly his healthcare hedge fund will live up to its expectations, only time will tell. However, we should never forget that Gottlieb’s once created $8 billion in assets out of Visium for the period 2005 to 2016!
Find out more about Jacob Gottlieb: https://www.cnbc.com/jacob-gottlieb–cnbc/