Hedge Fund Manager’s Son Indicted For Patricide

New York (HedgeCo.Net) – Thomas Gilbert Jr. has been indicted for killing his 70-year-old father, Gilbert Sr., with a semiautomatic pistol inside his parents’ apartment near the United Nation’s headquarters in New York City last month.

Thomas Gilbert Jr was indicted yesterday for murder in the second degree, criminal possession of a weapon and criminal possession of forgery devices and ammunition.

“As alleged in the indictment, the defendant intentionally shot and killed a member of his own family,” Manhattan District Attorney Cyrus Vance, said. “He also possessed a private cache of ammunition and firearm attachments that might have enabled him to do even more tragic harm.”

The founder and managing member of Wainscott Capital Partners was discovered shot to death in his New York apartment last month, police said.

The NYPD said that the victim, Thomas Gilbert Sr, was allegedly shot in the head by his son during an argument.

“Reportedly, Gilbert and his son had an argument regarding Thomas Gilbert Jr.’s monthly allowance.” West Side Story reports. “The incident was told by Gilbert’s wife, Boyce to the police. She told the police that after she returned home from a dinner with his son on a Sunday afternoon, she found her husband’s dead body in the house. It was shot in the head with a gun, covered by the left hand, resting on his chest. But she claimed that it was a staged suicide and convicted her son of the act. Upon investigation, Thomas was also found to be in possession of a weapon that was linked to the death of his father.”

Headquartered in New York City, New York, Wainscott Capital Partners is an opportunistic, actively-managed global long/short equity hedge fund that focuses primarily on biotech/healthcare investing, the company’s website says. The fund employs a fundamentally driven, value-oriented approach to identify investment opportunities with the ability to offer annualized returns in the 20% – 30% range with a low correlation to the broader market.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

This entry was posted in HedgeCo News. Bookmark the permalink.

Leave a Reply