The head of a $200 million hedge fund was fatally shot in his Manhattan apartment yesterday—and his 30-year-old son was taken into custody hours later.
According to the NYPD, at around 3:31 p.m. police responded to a 911 call about a shooting in an 8th floor apartment of 20 Beekman Place. While inside, they found Thomas Gilbert Sr., 70, in a bedroom with a gunshot wound to the head. He was pronounced DOA at the scene.
The Daily News reports that Gilbert's wife found "her mortally wounded husband in a bedroom of their eighth-floor pad, a source said. It was not clear if she was home at the time of the shooting." A 7th floor resident told the Post, "I heard a loud sound right above me. In New York, you hear loud noises. I thought somebody dropped something."
Thomas Gilbert Sr. (left), Thomas Gilbert Jr.
Gilbert's son, Thomas Gilbert Jr., was taken into custody late last night (the News: "Cops in riot gear chopped down the door of his ground-floor apartment [on West 18th Street] and found him hiding inside..." The son has not been charged yet.
It's unclear what might have precipitated the shooting, but the Wall Street Journal says, "Mr. Gilbert and his son were believed to be discussing differences in their relationship before the shooting."
The elder Gilbert managed Wainscott Capital, which described itself as an "opportunistic, actively-managed global long/short equity hedge fund that focuses primarily on biotech/healthcare investing," and had graduated from Andover, Princeton, and Harvard Business School.
His son, who also graduated from Princeton, was reportedly "volatile" in recent years.
