Jacob Gottlieb Visium

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Born in Brooklyn, New York, Jacob Gottlieb’s parents were successful professionals who immigrated to the United States in the 1960s. His father was an economics professor and the mother of a pediatrician. Following his parent’s interest, Gottlieb had an interest in both healthcare industry and economics in his early life. He developed an early interest in investing, and his father guided him in nurturing his newfound interest. After finalizing his secondary education, he pursued two of his primary interest in medicine and economics. He studied at Brown University where he received BA in economics and in NYU Medical School where he received Doctorate in Medicine. His interest in medicine ended after completing an internship at St. Vincent’s Hospital and he choose to pursue his career in finance on Chartered Financial Analyst and in Wall Street.

In 1998, Gottlieb started his trading career with Sanford C Berstein & Co as a side buyer analyst covering international healthcare. He left Sanford after some years to advance his career as a director at Merlin Biomed Group. He did not last long at Merlin because he quickly moved to Balyasny Asset Management (BAM). In this firm, Gottlieb hit the stride by becoming a top earner in the firm. In pursuit of an opportunity to manage a more prominent firm, together with his team, they left BAM to establish Visium in 2005.

Gottlieb was the main contributor in building Visium.it had 170 employees with $8 billion hedge fund. In 2016 however, Visium was disgraced publically with insider trading charges. Since Gottlieb was not charged with any unlawful activity, he continued with his work as the company CIO.

From his early age, he showed much interest in the financial industry specifically in the security market to the extent of having an investment trading account. Gottlieb built on entrepreneurial abilities by vending beverages at golf matches and collecting several full teams particularly the Yankees. At the 7th grade, he won the uncommon contest in school that required him to pick stocks. Impressed by those abilities, his father encouraged him to have an investment trading account.

Besides his work at Visium, Jacob Gottlieb is an active individual its charitable work in nonprofits organizations based in the New York including Math for America, Covenant House, and Robin Hood Foundation.

Robin Hood Foundation is among the most prominent organizations, and it was founded in 1988 with a determination to alleviate issues which are associated with fights and scarcity in New York City. Gottlieb is the philanthropist and a significant contributor to this organization. It assists over 200 nonprofits organizations mainly community partners with finances and real estate, management support and a bigger place to help them succeed. They invested $129 million in 2017 and 100% of the fund to get in their partners so that they can fight for poor living conditions since the board pays for the managerial expenses. They stress on the achievement of their efforts as they use metrics system to see that every program they finance has succeeded. The average revenue on investments is 12:1 which implies that there is a rise in the living standard of low- income earners with 12 dollars in New York.

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