Jacob Gotlieb and Stuart Weisbord are once again working together after about 20 years when each one was pursuing their business endeavors. The working relationship between the two healthcare investors is deep. They once were workmates in Merlin Biomed Group. After a long spell apart, they have once again come together to plan for a future in business as a team.
Mr. Stuart Weisbord was one of the co-founders of Merlin Biomed Group. During its creation, the firm aimed at enhancing health care with an emphasis on employing biotechnology and pharmaceutical knowhow in treating patients. This is a field where Mr. Stuart Weisbord is pro having been in the area while working in other healthcare investment companies such as Oracle Partners and Merril Lynch.
His academic qualifications are also outstanding having graduated with a Ph.D. in Biochemistry from Princeton University. He left this institution in 1980. He later joined Columbia University where he graduated with an MBA in finance in 1986. Before entering these institutions, Mr. Stuart had attended Colgate University where he graduated with a Bachelor of Arts degree in Chemistry.
After leaving Merlin Biomed Group, Weisbord created his firm that is called Iguana Healthcare Partners. The company has a similar operating model to that of Merlin. Jacob Gotlieb also followed a similar path after leaving Merlin. He had immense experience in the finance industry and used this prowess to start his firm that is called Visium Asset management. At the time of its creation, the company had $300 million capital. This later outgrew the initial projections to an astounding $2.5 billion. The company experienced a financial crisis at the time of this announcement. However, this didn’t deter it from getting back to profitable terms. In the latest evaluation, Visium had a value of $8 billion in hedge funds.
The company has experienced problems lately and was ultimately closed. However, no accusation has been leveled towards Mr. Gotlieb. He is still making strides in business, and the latest partnership with Weisbord is expected to bring wonders to the industry.
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