All in all, a great choice for short or budget stays as the hotel is well connected to metro and airport. I can‘t judge neither the facilities (pool area) nor the breakfast, as I just spent there some hours for sleeping. However, I did not find it inviting to spend much time in as it reminds of a Youth Hostel. There is a kettle for tea and coffee making as well as a sofa. The rooms are lean, clean and of average size, equipped with a comfortable bed as well as an effective and quiet AC. I liked the shop at the lobby as it offered a great choice of snacks and drinks. Despite its vicinity to the airport, the area is quiet which makes it to a first choice for stopovers. It is just a 3 min walk to Deira City Centre Metro station, from where trains are running every 5 - 8 min during business hours (the airport terminals 1 and 3 can be reached easily in 5-7 min). Valvani eventually was promoted to portfolio manager, a top hedge fund job, according to a profile by Duke's Fuqua School of Business, his alma mater.Rove City Centre is a new and fancy hotel located in Deira, 5 min by taxi from DXB airport.
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They were both at the hedge fund Balyasny Asset Management, and Gottlieb helped give Valvani his big break, bringing him over as an analyst in 2003. Valvani and Gottlieb had worked together for more than a decade. And while some of Visium's investors thought Gottlieb was running a portfolio, he didn't trade, according to two people who worked at Visium. Gottlieb, a trained medical doctor and Visium's chief investment officer, was the firm's public face and a frequent speaker at industry conferences.
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Visium, which also included other funds, grew to managing $7.8 billion at the start of this year, a 20% increase from the year before, according to Hedge Fund Intelligence. What is clear, however, is that Valvani was a significant player managing the healthcare fund, which racked up industry awards for performance over the years. His death has raised questions - and, at times, produced conflicting accounts - about his legacy at the fund. But his death has forced people who knew him to contend with a narrative of his life that they hadn't previously considered.
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That last part, his friends say, was the kind of thing that defined Valvani's character.
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Partly out of loyalty to Gottlieb, who had made Valvani's career, he may have felt like he couldn't leave Visium, even though he was notably underpaid and likely would have succeeded on his own, colleagues said.Īnd later, like many accused of white-collar crimes, he was being professionally isolated and he worried about the impact that the charges would have on employees of Visium if the fund would have to shut down as a result. His relationship with Jacob Gottlieb, Visium's founder who once was a mentor to Valvani, had shifted. Valvani's wife, through Valvani's attorney, declined to speak with us, and his father - in a brief conversation - said he couldn't bring himself to speak about the situation.īut the people who did speak revealed that Valvani was under pressure on several fronts.
#Starmoney business 9 professional
Most of his friends and colleagues asked not to be named in this story because of professional relationships or, in one case, out of deference to his family.