Jacob Gottlieb is among the people who have done a great job in the investment sector. He has been the CEO of Visium Asset Management since 2005. He created this firm after working with other organization for about another one decade. When he created Visium, he was confident that he would excel in the industry. He had everything that was needed to succeed as an investor in the healthcare sector. Just as he was expecting, businesses were doing well, and his company kept on winning huge profits. The investors with this company were happy with the huge returns they were getting. Various pension funds had invested in Visium Asset Management.
Jacob Gottlieb was happy with the progress the company was making. When he was creating this company in 2005, he brought together a team of 20 investors who he would work with. He also invested $300 million into the firm. By 2016, the company had expanded its influence is much that they had three offices; in London, New York, and San Francisco. The assets had also grown to $8 billion. The growth that took place in this period was enormous. Between 2013 and 2016, this company had managed to double its assets.
Despite the success the company going through, trouble would come in 2016. There top fund managers in the company were inducted with conspiracy and inside trading. All these things happened without the knowledge of the CEO, Jacob Gottlieb. The aftermath of the allegations was a total collapse of the firm. Investors withdrew so much money from the company in a short time that it could no longer stand.
Jacob Gottlieb has recovered from the ordeal, and now he is ready to make a difference. He is ready to invest once more through a firm he has created known as Altium Capital. With the experience he has, it is going to be one of the most successful firms.
Find out more about Jacob Gottlieb Altium: https://www.cnbc.com/jacob-gottlieb–cnbc/