Sunday, 4 January 2015

Hedge fund founder Thomas Gilbert fatally shot in Turtle Bay apartment possibly by son

Shooting: Hedge fund founder Thomas Gilbert, 70, (left) was allegedly shot in the head and killed by his 30-year-old son, Princeton graduate Tommy Gilbert (right) who was educated at $50,000-a-year Deerfield Academy

The founder of a New York City hedge fund was fatally shot in the head in his Turtle Bay apartment Sunday afternoon.

Police responded to a 911 call at 20 Beekman Place between 50th and 51st Streets around 3:30 p.m.

When officers arrived, they found 70-year-old Thomas Gilbert in his bedroom with a gunshot to the head.

He was pronounced dead at the scene.

Gilbert was the founder and chief investment officer of Wainscott Capital Partners.

Gilbert founded the hedge fund in 2011 and helped built it into a firm managing $200 million in total assets.

No arrests have been made but police say Gilbert’s 30-year-old son was in the apartment at the time of the shooting.

The son was not at the apartment when police arrived.

[caption id="" align="alignnone" width="306"]Shooting: Hedge fund founder Thomas Gilbert, 70, (left) was allegedly shot in the head and killed by his 30-year-old son, Princeton graduate Tommy Gilbert (right) who was educated at $50,000-a-year Deerfield Academy his 30-year-old son[/caption]

The investigation is ongoing.

PIX11