Jacob Gottlieb Launches Latest Healthcare Industry Focused Hedge Fund

There are hedge fund managers who invest exclusively in one particular industry. For Jacob Gottlieb of New York City, owner of the hedge fund management firm Altium Capital, that industry is healthcare. He has a college degree and interned as a medical doctor so investing in healthcare firms was right up his alley. He primarily invests in small to mid-cap sized healthcare companies that have innovative products not available through anyone else.

He just started this company in June 2018. The first investment Jacob Gottlieb made was in Oramed Pharmaceuticals. Purchasing a 5.61 percent stake, he is highly confident in their FDA approved products which includes their orally ingestible insulin capsule. A oral treatment for diabetics has been a long-pursued goal for many pharmaceutical firms.

Dublin, Ireland’s Amarin was Jacob Gottlieb’s second investment. He sees a great deal of promise in the drugs they are developing to help people improve their cardiovascular health. This company had their first FDA-approved Drug, Vascepa, approved for use six years ago.

Jacob Gottlieb has been working as a professional investor since 1998. He started out as a researcher at small hedge fund management firm, Sanford C. Bernstein, LLC. He was hired to provide his investment guidance for investing in healthcare firms all over the globe. Two years later he joined Merlin where he was one of their portfolio managers and proved himself to be highly skilled in this position.

He became an entrepreneur the following year. Jacob Gottlieb co-founded Balyasny Asset Mangement where he was their top earning portfolio manager. In 2005, he founded Visium Asset Management. This company hit its peak in 2016 when it was managing $8 billion in assets, all invested in healthcare firms. He had to close this company, though, after other people engaged in insider trading which unfortunately impacted his company.

Dick DeVos: Helping The Needy And The Development Of Michigan

Dick DeVos is one of the most prominent businessmen in America owing to the incredible leadership that he has demonstrated while working at Amway and other notable names. Through the years, he has grown to become one of the more prominent names in the industry and has also been able to help several people in the process. In addition to being one of the more well-known names in the business, he is also widely regarded as a prominent philanthropist and someone who is dedicated to helping people all over the country. Because of the work that he has been able to do, he has achieved the status of being one of the top philanthropists in America and has received numerous honors as a result of the work that he has done.

 

 

Helping people is not something that DeVos started out recently. Since the start of his career, he has put in numerous efforts to contribute positively towards a better future for the people living in the state of Michigan, which is where he grew up and resides. Helping the people of Michigan was what encouraged DeVos to take on further ventures through which he could contribute to positive change.

 

 

One instance of his drive to better the lives of people living there is pertaining to the development of the city of Grand Rapids. In the 1990s, the city of Grand Rapids was undergoing a number of changes, and one of them was the construction of a multi-purpose sports center. The state hoped that this would attract sports organizers who wanted to host events in different locations. However, Dick DeVos knew that this would not work out as intended, because of the several cases that stood in support of his ideas. He knew that a better use of this space would be for facilities that the citizens of this city could use on a regular basis. As a result, he decided to push for the construction of city centers, markets and recreational institutions that could help the people living here, and the city ass well.

 

 

The DeVos Family Foundation has also stood as a notable institution that DeVos had founded. It is an organization through which DeVos was able to help people in need, and support causes that were worth fighting for. Through the organization, DeVos also established an education freedom fund, that was meant to help educational institutions and provide scholarships to people in need.

 

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