New York (HedgeCo.Net) – The founder and managing member of Wainscott Capital Partners was discovered shot to death in his New York apartment over the weekend, police said.
The NYPD said that the victim, Thomas Gilbert Sr, was allegedly shot in the head by his son during an argument. Gilbert’s son, Tommy Gilbert, has been taken into custody by the police for questioning.
“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.