Joseph Edelman
$2.5B
Born
Jun 10, 1955
Age
70
Source of Wealth
Hedge funds
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
0
Education
Master of Business Administration, New York University; Bachelor of Arts/Science, University of California, San Diego
- Joseph Edelman is CEO and portfolio manager of Perceptive Advisors, a New York-based hedge fund firm with $8 billion under management.
- Edelman founded Perceptive Advisors in 1999 and focuses on investing in biotechnology stocks.
- Edelman's main Perceptive Life Sciences hedge fund lost money only twice in its first 20 years, but reportedly fell 49% in 2021 and 2022.
- His fund generated returns of 52% in 2019 and 29% in 2020.
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