Hedge Fund Founder Thomas Gilbert Slain, Gunman Sought

[Judi Lynn]

Source: Associated Press

Hedge Fund Founder Thomas Gilbert Slain, Gunman Sought
gJanuary 05, 201512:52 AM ET
The Associated Press


A 70-year-old hedge fund founder has been shot dead in his Manhattan apartment.

Police say Thomas Gilbert was shot in the head in his apartment on Beekman Place on the East Side. He was pronounced dead at the scene.

Police are seeking the gunman.

Gilbert founded Wainscott Capital Partners Fund in 2011. The fund has $200 million in assets and focuses on the biotech and health care industries.

Gilbert previously co-founded Syzygy Therapeutics, a biotech asset acquisition fund.


Read more: http://www.npr.org/2015/01/05/375042458/hedge-fund-founder-thomas-gilbert-slain-gunman-sought

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Cops break down door to arrest man accused in fatal shooting of hedge-fund founder dad

Thomas Gilbert Sr., founder of Wainscott Capital Partners, was found dead after an argument with his son in his posh East Side apartment Sunday, police said. The son, Thomas Gilbert Jr., fled the scene and barricaded himself in his Chelsea apartment for hours before he was finally nabbed, officials said.

BY Rocco Parascandola , Edgar Sandoval , Caitlin Nolan , Bill Hutchinson /

NEW YORK DAILY NEWS /
Published: Sunday, January 4, 2015, 4:54 PM
/ Updated: Monday, January 5, 2015, 1:23 AM

A Wall St. whiz who headed a $200 million hedge fund was killed by his son Sunday inside his posh East Side apartment — and the suspect was nabbed after barricading himself in his apartment for hours, cops said.

Thomas Gilbert Sr., the 70-year-old founder and president of Wainscott Capital Partners, was shot in the head during the violent encounter with his son inside the victim’s multimillion-dollar apartment at 20 Beekman Pl., police said.

The murder sent cops fanning out across the tony Sutton Place neighborhood seeking the son, Thomas Gilbert Jr., who fled the scene on foot and headed to his W. 18th St. pad, officials said.

The son, 30, was captured about 10:45 p.m. after cops in riot gear chopped down the door of his ground-floor apartment and found him hiding inside, officials said.

More:
http://www.nydailynews.com/new-york/nyc-crime/hedge-fund-founder-shot-dead-son-police-source-article-1.2065572

[Judi Lynn]

1. Son held after hedge fund boss is shot dead in row at New York flat

Son held after hedge fund boss is shot dead in row at New York flat

Mark Blunden

Published: 05 January 2015
Updated: 10:48, 05 January 2015

Police have arrested the son of a hedge fund millionaire who was shot dead during a row at the family’s Manhattan apartment.

Thomas Gilbert Sr, a Wall Street veteran and founder of the $200 million (£130m) Wainscott Capital hedge fund, was killed by a single bullet to the head yesterday afternoon. His son, Thomas Gilbert Jr, 30, was arrested in another part of Manhattan last night following a seven-hour standoff with police.

The gunman reportedly gained entry to Mr Gilbert’s eighth floor, $6,000-a-month rented apartment, which is near the United Nations headquarters, after slipping past security. The block’s doorman reportedly told police: “I immediately got a bad vibe. The kid got into the elevator before I got the chance to pick up the telephone.”

Neighbours said they heard an argument in Mr Gilbert’s bedroom at about 3.30pm, which was followed by a bang. A police official told the Wall Street Journal that father and son had discussed “differences in their relationship” but no motive had been established.

More:
http://www.standard.co.uk/news/world/son-held-after-hedge-fund-boss-is-shot-dead-in-row-at-new-york-flat-9957567.html

[bemildred]

2. Arguing over money, no doubt. nt

[Enthusiast]

3. Yeah. There is never enough.

The more you have the more insatiable your desire grows for more. Fox-grapes. I've seen it.

[alcibiades_mystery]

4. The son is not going to appreciate his new accommodations at the State of New York Hotels

[Hoppy]

5. There yiz go again, jumping to conclusions.

How do you know it wasn't the father wanting to borrow money from the son for seed money to open up a new fund?

[Kelvin Mace]

6. Or to cover his losses

from his oil investments, which were a sure thing because the prices were always going to go up forever.

[genwah]

8. Yeah, cause a guy that inheirited a $200M company will wind up in jail.

[mountain grammy]

7. Bad timing, doesn't the son know the estate tax was a 0 a couple of years ago.