Joseph Edelman Bio | Wiki
Joseph Edelman is a famous American billionaire hedge fund manager. He is portfolio manager and founder of Perceptive Advisors, a New York City-based hedge fund, founded in 1999. His fund generated returns of 52% in 2019 and 29% in 2020. In addition, the New York-based hedge fund firm has $10 billion under management.
Joseph Edelman Age
He was born in the United States in 1955. Edelman is 68 years old.
Joseph Edelman Height
He is a man of average stature. Edelman stands at a height of 5 ft 8 in ( approx. 1.73m ).
Joseph Edelman Family
He was born in a state in the United States to his loving parents. Edelman holds an American nationality and is from a Jewish family. He is the son of Isidore Edelman and Florence Edelman. His father was an American physician and researcher who was devoted to the study of the distribution of water and electrolytes in the body in healthy and diseased persons. In 1973, he was elected as a member of the National Academy of Sciences. His father died at the age of 84 on November 21, 2004. Moreover, Edelman grew up with Dr. Arthur Edelman, Susan Edelman Bleckner, and Ann Edelman Korchin.
Joseph Edelman Wife
He is married to his wife Susan Lebovitz-Edelman. Susan is the Co-Chair, Head of Strategy & Advocacy at Edelman Family Foundation. She studied at Brown University. The couple are parents of two children and they reside in New York City.
Joseph Edelman Education
Upon graduating with his high school diploma, he enrolled at the University of California San Diego. He pursued and graduated with a magna cum laude, in psychology. He later pursued a Master of Business Administration from New York University.
Joseph Edelman House | Laguna Beach
In 2021, Edelman and his wife Susan purchased a 1-acre property in Laguna Beach for $70 million for an oceanfront mansion. The property is in a gated community of Abalone Point, which sits on a small peninsula that juts out into the Pacific Ocean. The mansion features five bedrooms, a commercial kitchen, a wine cellar, and also a screening room.
Moreover, the couple listed their New York City penthouse for sale in March. The Park Avenue building was built in 1912, featuring Greek Revival architecture and a limestone exterior. It was then transformed into a condominium with eleven units. In addition, it features a coffered ceiling and herringbone-pattern floors, and a carved French limestone fireplace.
Perceptive Advisors Joseph Edelman | Perceptive | Hedge Fund
He is portfolio manager and founder of Perceptive Advisors, a New York City-based hedge fund, founded in 1999. The New York-based hedge fund firm has $10 billion under management. The firm mostly focused on public and private investments in the Healthcare and also Biotechnology industries.
The firm partnered with Xontogeny to launch its first venture capital fund, Perceptive Xontogeny Venture Fund in December 2019 which raised $210 million. Perceptive had losses of more than 40% during the last two years at the end of 2022 which were named the worst losses in the firm’s history.
Before, Edelman was a Senior Analyst at Aries Fund, a Paramount Capital Asset Management biotechnology hedge fund. He also worked as a Senior Biotechnology Analyst at Prudential Securities.
Joseph Edelman Holdings
He has 98 holdings with some of his top five holdings being Amicus Therapeutics Inc (FOLD), Cerevel Therapeutics Holding Inc (CERE), Reata Pharmaceuticals Inc (RETA), Amylyx Pharmaceuticals Inc (AMLX), and also Madrigal Pharmaceuticals (MDGL).
Joseph Edelman Net Worth
Edelman is a famous American billionaire hedge fund working as a portfolio manager and founder of Perceptive Advisors. From his hedge fund, he has earned a net worth of $2.5 Billion as of 2023.
Who Is Joseph Edelman
Edelman is a 68-year-old American billionaire hedge fund manager. He is portfolio manager and founder of Perceptive Advisors, a New York City-based hedge fund, founded in 1999. His fund generated returns of 52% in 2019 and 29% in 2020. In addition, the New York-based hedge fund firm has $10 billion under management and he has a net worth of $2.5 Billion as of 2023 according to Forbes.
Is Joseph Edelman Married
Yes. He is married to his wife Susan Lebovitz-Edelman. Susan is the Co-Chair, Head of Strategy & Advocacy at Edelman Family Foundation. The couple are parents of two children.
How Old Is Joseph Edelman
He is 68 years old born in the United States in 1955.
Edelman’s Social Media Account
Twitter – @JosephEdelman