Jacob Gottlieb is happy to re-establishing himself with old acquaintances. He is back in business with his former mentor Stuart Weisbrod. Weisbrod and Gottlieb met when they were both at Merlin Biomed Group. Weisbrod is one of the original founders of Merlin. He and Gottlieb worked closely together. Jacob was a portfolio manager in the year 2000 for Weisbrod. Gottlieb went on to have a great deal of success with the organization. He brought in many high-profile clients between 1999 and 2000.
Jacob Gottlieb moved forward with his own vision. He founded Visium Asset Management with a 300 million dollar investment. Gottlieb was quickly able to turn the three hundred million dollars into a 2.5 billion dollar organization. The company expanded greatly and before long it was an 8 billion dollar hedge fund. Visium had a staff of over 200 employees and offices in London, New York and San Francisco.
Visium remained on a successful path despite the financial crisis that destroyed many other enterprises. The company was on a 10-year run until they hit a wall of adversity due to executive misconduct. Several members of Visium went under investigation for insider trading. The information was gathered by the FBI and provided by whistleblower who was working on the inside.
Jacob Gottlieb was never implicated in any of the charges that were brought towards Visium. He remained with the company while it was under investigation. Gottlieb remained in place as CEO in order to wind down the organization and return funds to its investors. The company is still being probed by the SEC.
Jacob Gottlieb has turned his troubles into success yet again. He put his time and efforts into his new company Altium Capital. Altium Capital is a hedge fund that will specialize in healthcare investments. This is where Gottlieb had his greatest successes. The organization has already established a stake in Oramed Pharmaceuticals Inc. Oramed is a cutting edge enterprise that is making the kind of changes that will save millions of lives.