Visium Asset Management

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Ex-Analyst gets 18 months

Gavel

A former Visium Asset Management analyst was sentenced to 18 months in prison for helping inflate the value of the firm’s bond holdings by millions of dollars to hide losses from investors.

Hedge fund to shut down several funds

Hedge Fund

Jacob Gottlieb’s Visium Asset Management, the once high-flying hedge fund firm that at its peak managed $8bn, is shutting down four of its remaining hedge funds after one of its star managers was arrested and accused of insider trading.

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Gavel

Ex-Analyst gets 18 months

A former Visium Asset Management analyst was sentenced to 18 months in prison for helping inflate the value of the firm’s bond holdings by millions of dollars to hide losses from investors.

Hedge Fund

Hedge fund to shut down several funds

Jacob Gottlieb’s Visium Asset Management, the once high-flying hedge fund firm that at its peak managed $8bn, is shutting down four of its remaining hedge funds after one of its star managers was arrested and accused of insider trading.