Jacob Gottlieb and Stuart Weisbrod are well-known investors in the healthcare industry. The two entrepreneurs have known each other for quite some time since their time together at Merlin Biomed Group. Both have also had successful career runs in the healthcare industry and now and they are now coming together to share office space and roof while hinting at future collaboration in health finance investment.
Stuart’s investment history
Stuart Weisbrod has a record of successful investments since 1998 when he founded his first hedge fund, Merlin Biomed Group. The company focused on pharmaceutical, biotechnology and healthcare services. Apart from being a successful investor, Weisbrod is also a longtime academician and earned a Ph.D. in Biochemistry from Princeton University as well as an MBA in finance from Columbia University. He is well grounded in the finance and investment markets with the combination of the two professions playing a critical role in ensuring the success of his investments in the healthcare industry.
Stuart and Jacob first met at Merlin, when Stuart offered the latter a position as the hedge fund’s portfolio. The peak of their finance industry relationship peaked when the two steered Merlin Group to record some of the highest returns in the industry at the time, thereby earning them solid ties with some prominent clients. They would push on the winning streak until 2007 when Merlin closed investment doors and refunded depositor’s funds. Stuart Weisbrod would, later on, start a new investment firm, Iguana Healthcare Partners, while Jacob, on the other hand, founded Visium investment.
More about Jacob Gottlieb
Soon after leaving Merlin, Jacob started Visium Asset Management with an initial seed capital of $300 million. His dedication saw it morph into an $8 billion hedge fund with a workforce of more than 200 employees and offices in London, New York, and San Francisco. However, Visium Asset Management also had to wind up in 2016.
Gottlieb has since moved on to his next venture, Altium Capital and Stuart offered to host him and his new business under Iguana’s roof. The move has in effect made headlines with experts speculating on a possible collaboration between the two old-time partners, allegations that neither has denied. With a reputation for successful ventures, the duo will guarantee exciting changes in the in the investment world especially the healthcare sector.