An insider trading scandal may have rocked Jacob Gottlieb’s old company Visium Asset Management back in 2016, but he is returning back to the world of hedge funds despite the harmful actions of a few of the company’s old team. Currently, he is considering finding clients who would like to invest their money into his business savvy plans, but he hasn’t decided on the timing just quite yet. Jacob Gottlieb has stated that he still might just change his mind after just recently finishing the liquidation of the old fund.
While Jacob Gottlieb wasn’t accused of participating in the shady trading practices, the decision to shut down the company was still agreed on by him as their chief executive officer. While he is still considering a lot of different factors when it comes to starting up a new hedge fund, the’s already hard at work with his latest business venture Altium Capital. Altium is a much smaller company with only about 6 employees whose main focus is just managing Jacob Gottlieb’s own personal wealth.
Jacob Gottlieb’s Altium is similar to Visium in the sense that they both focus on investments related to the healthcare industry. While he may have considered taking a break from the industry, he insists that he doesn’t have time to do that right now as he has worked for the last 2 years without receiving compensation for his efforts closing down the Visium. He wants to get back to focusing on investing again.
As a medical doctor himself, Jacob Gottlieb’s experience in the medical world gives him an inside view of certain companies and developments in the field. There are a lot of different companies going public in the healthcare industry and he sees a lot of wealth being won and lost during this time frame.