September 30, 2016 4:23 AM ET

Capital Markets

Company Overview of Visium Asset Management, LLC

Company Overview

Visium Asset Management, LLC is an employee owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also caters to investment companies and corporations. The firm invests in the public equity markets of the United States. It primarily employs a long/short strategy to make its investments. The firm typically invests in health care sector. Visium Asset Management, LLC was founded in 2005 and is based in the New York City with additional offices in San Francisco, California and London, United Kingdom.

888 Seventh Avenue

22nd Floor

New York, NY 10019

United States

Founded in 2005

Phone:

212-474-8800

Fax:

212-474-8808

Key Executives for Visium Asset Management, LLC

Managing Partner and Chief Investment Officer
Chief Financial Officer
Head of Business Operations and Limited Partner
General Counsel and Chief Compliance Officer
Director of Research and Portfolio Manager
Compensation as of Fiscal Year 2016.

Visium Asset Management, LLC Key Developments

Visium To Liquidate Holding

Visium Asset Management, LLC has decided to liquidate the fund's entire holdings. As of March 31, 2016, Visium held Perrigo Company plc (NYSE:PRGO) shares worth $33 million, Teva Pharmaceutical Industries Limited (NYSE:TEVA) shares worth $18 million. The companies are now looking for buyers with good reputations to buy Visium's holdings in their shares.

Visium To Sell Its Funds To AllianceBernstein

Visium Asset Management, LLC is planning to sell one of its funds to AllianceBernstein Holding L.P. (NYSE:AB), the New York Times reports.

Visium Seeks To Sell

Visium Asset Management, LLC is seeking to sell all or part of its business. The hedge-fund firm has been under investigation for alleged insider trading. People close to the matter stated “Visium Asset Management LP has talked to potential buyers in recent weeks about a stake in the firm or a larger deal. A transaction could come as early as this week.” In addition, Visium has recently received redemption requests from clients after a difficult patch of performance.

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