New York native Jacob Gottlieb is currently the CIO of Visium Asset Management and has been since 2005. Gottlieb has an impressive list of accomplishments, starting with his MD at the New York University School of Medicine. Since then, he has earned an AB in Economics from Brown University and been awarded a CFA (Chartered Financial Analysis) from the Association for Investment Management and Research in 2001.
Gottlieb graduated magna cum laude from NYU School of Medicine. Following his time at NYU, he held an internship in internal medicine at St. Vincent’s Hospital in New York City. Eventually, however, he realized that he wasn’t following his dreams, and quit the medical field to become a financial analyst.
Gottlieb served as an investment portfolio manager at Merlin Financial in London, England, for one year prior to founding Balyasny Asset Management along with others in 2001. He worked at that location as a partner and portfolio manager prior to founding Visum Asset Management in 2005. Visium Asset Management currently manages $3.5 billion in assets and its flagship project, Visium Balanced Fund, has $2.4 billion in assets and has generated an annualized return of 15.6 percent since its creation. Visium Balanced Fund is a long-short equity health care fund.
Despite Visium’s current success, Gottlieb still dreams of its growth. He hopes for Visium to become a multiproduct, multistrategy powerhouse that will rival the most successful managers in the hedge fund industry. “We’re committed to running a very high-quality, high-integrity firm,” Gottlieb says, adding that “Doing things the right way is integral to our philosophy and our culture, and we’ve built a strong firm for the long term that makes smart investments.”
Although multistrategy firms have historically been the most successful in the hedge fund industry, they have also been the most prone to failure. To ensure that Visium does not become one of the many failures in this industry, Gottlieb has dedicated himself to hiring top investment and operations talent. In 2009, he recruited Jacob Huemer as president of Visium’s Global Fund, who has experience in the field as a former member of SAC Capital Advisors. He has also brought on teams of portfolio managers, including Bradley Levie and his firm, Catalyst Investment Management.
Gottlieb believes that his education in the medical field has been important for his work as a CIO, stating that surgeons and fund managers share similar characteristics. In addition to his work with Visium, Gottlieb is a philanthropist who is active with multiple charities. One such charity is Robin Hood, New York’s largest poverty-fighting organization. Through Robin Hood’s partnerships with 200 poverty-fighting programs in New York City, this charity seeks to fund the most effective programs and make the largest possible impact on poverty. Ali Forney Center, a shelter and transitional housing program for LGBT youth, is one such program. Another is Achievement First, a network of 17 public charter schools that serve more than 6,000 K-12 students in Brooklyn, New York, and aims to deliver equal educational opportunity to America’s children.