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Alternative Market Briefing

Hedge fund manager Thomas Gilbert Sr., shot by son in New York apartment

Monday, January 05, 2015

Komfie Manalo, Opalesque Asia:

Thomas Gilbert Sr., the founder and managing member of the $200m hedge fund firm Wainscott Capital Partners, was shot dead by his son during an argument Sunday afternoon in his apartment on Manhattan's East Side, several media reported.

An investigator told ABC station WABC-TV in New York that the police are now looking for Tommy Gilbert, 30, who fled on foot after the shooting. Tommy is currently being considered by the police as a person of interest in connection with the shooting.

ABC quoted a police investigator as saying that Tommy is "actively being sought for questioning to see if he has any information on the death of his father."

A separate report by Press TV said that the incident occurred inside Gilbert’s apartment at 20 Beekman Pl. near E. 50th St. It was said that the 70-year-old founder of Wainscott Capital had a violent argument with his son Tommy before the shooting. Gilbert Sr., was shot in the head resulting to his death.

Reports indicated that the police received a call at 3:31 p.m. on Sunday from Gilbert’s wife to report that her husband has been fatally injured inside one of the apartment’s bedroom.

A porter in the posh apartment building told the police that he saw Gilbe......................

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