Jacob Gottlieb

Posted on July 7, 2018

Jacob Gottlieb is the CIO of Visium Asset Management, a hedge fund focused around healthcare. Gottlied has announced that his company will start “winding down”. The announcement was due to various charges of wrongdoing, including mismarking.

Mismarking occurs when a company, typically a trust fund company, wants to create an illusion of liquidity in their select securities or bonds. This is done to encourage that company’s investors to continue putting their money into the fund.

One notable downside of mismarking is that is causes inflation, typically by several thousands of dollars. In the most extreme cases, mismarking the securities in a given portfolio can lead to inflation by millions of dollars. Companies can also inflate management fees for investors, which means that the investors will lose money.

Jacob Gottlieb’s company no longer has any employees. Since Gottlieb has not been particularly accused of any wrongdoing, he wants to continue working as the CIO for the company until it officially closes. The former higher-ups of Visium have moved into different business entities to work in positions similar to the ones that they held at Visium.

Steven Ku, for example, was the COO of Visium, has taken his financial skills to an avenue that is completely separate from hedge funds. He now works at NextGen church in the area of management, finances, and administrating operations.

Joshua Brown was a former partner of Visium. After managing portfolios at Visium for over 10 years, he now works at Paulson & Co. This company is a hedge find worth over $5 billion.

Ron Belldegrun has went on to work with his father, Arie Belldegrun, to start Consumer Health Ventures (CHV). It is geared toward investing in comopanies involved in consumer health.

Neetu Dhaliwal worked as a Senior Analyst at Visium for more than five years. In 2016, he became a part of Hillary Clinton’s Hillary for America campaign in 2016 and is currently a Healthcare Investor.

Find out more about Jacob Gottlieb: https://www.linkedin.com/in/jacob-gottlieb-visium/

Categories: Doctor


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