Noam Gottesman: Hedge Fund Manager and Investor, Co-Founder of GLG Partners
Noam Gottesman is an Israeli-born hedge fund manager and investor. He is best known for being the co-founder of GLG Partners, the asset management firm. With a net worth of $2.9 billion, he is currently ranked 8th in the list of the world’s top hedge fund investors. He has been an active player in the financial services industry for more than 30 years and his long-term success has made him a highly sought-after public speaker and advisor.
Early Life and Education
Noam Gottesman was born in Tel Aviv, Israel in 1964. He attended Jewish day schools from elementary through high school and the Schwab School, which opened his eyes to financial investment and changed the course of his life. He would later move to the United States and attend college at Harvard University. He graduated with a degree in economics in 1985 and continued his studies at Harvard Business School, graduating in 1989.
Career
Noam Gottesman co-founded GLG Partners in 1995 with the help of Steven Rattner and Pierre Lagrange. The firm soon established itself as one of the largest alternative asset management firms in the world. By 2007, it had almost $30 billion in assets under management. Gottesman served as the Chief Executive Officer, President and Chairman of the company until it was sold to Man Group in 2010. Between 2011 and 2014, he was the Executive Chairman of GLG.
In 2012, Gottesman started a new venture, the investment and consulting group Tavistock Group, with offices in Zurich, London and the Bahamas. The group has participated in multiple investments, and its portfolio includes companies like SAP and European meal-kit delivery service HelloFresh.
In 2018, Gottesman and Pierre Lagrange co-founded Lyxor Asset Management, a French asset management and risk-management company. He currently serves as the Chairman and is on the board.
Philanthropy
Noam Gottesman is a devoted philanthropist and believes in using his wealth to help those in need. He is the co-chair of the board of trustees of Tel Aviv University and supports programs related to technology, the sciences, and humanities. He also supports efforts to promote science and technology education among Israeli students, as well as providing assistance to students attending the university.
Gottesman serves as Chairman of TDLC, a London-based charity organization that strives to improve children’s education in Israel. He is also a board member of the KIND Foundation, a non-profit which works to improve education for young people living in poverty. Additionally, he serves on the board of the Jerusalem Film Festival, where he helps to promote Israeli film.
Noam Gottesman is also heavily involved in Jewish philanthropy and has funded a number of projects in the United States and overseas such as the Noam and Tamar Gottesman Library at the Israel Museum, the Noam and his brother Adi Gottesman Technical High School in Sderot and the Noam and Nellie Gottesman Wing of the Lipshitz Hall of Jewish Art at the Tel Aviv Museum of Art.
Investment Strategies
Noam Gottesman is well known for having a successful investment strategy and has been able to successfully navigate global markets. His strategies rely on understanding the macroeconomic forces that shape how markets move, including fundamental changes in the global economy, technological advancements, and the evolution of consumer behavior. He also uses an array of methods to assess market performance and identify attractive opportunities, such as analyzing market trends, valuing companies broadly and deeply, utilizing technical analysis, and performing due diligence. Gottesman has also emphasized the importance of being knowledgeable about geopolitical events, which can have far-reaching effects on markets, currencies, and businesses around the world.
The Future
Noam Gottesman shows no signs of slowing down anytime soon and is likely to remain an influential figure in the world of finance and business. He continues to pursue new investments and has been vocal about the need for better transparency in the hedge fund industry. He has remained hands-on in his investment approach, working closely with companies that his firms support, and has remained committed to philanthropy, and to making a lasting impact on global markets and education.
Noam Gottesman is an incredibly successful hedge fund manager and investor with a career spanning more than 30 years. He is best known as the co-founder of GLG Partners and as the Chairman and CEO of Tavistock Group. Gottesman has achieved tremendous success by successfully navigating global markets, understanding macroeconomic forces, and using a variety of methods to assess and identify opportunities. He remains an influential figure in the world of finance and business and continues to pursue investments and philanthropic endeavors.