Updated: January 5, 2014, 9:02 AM
NEW YORK (AP) — A 70-year-old hedge fund founder has been found shot dead inside his Manhattan apartment.
Thomas Gilbert was shot in the head at his Beekman Place residence on the East Side on Sunday, police said. He was pronounced dead at the scene.
Police were questioning his 30-year-old son, Thomas Gilbert, Jr., on Monday. No charges have been filed.
It was not immediately known if he had a lawyer.
Police said a handgun was found near the body.
The elder Gilbert founded Wainscott Capital Partners Fund in 2011. The fund, which focuses on biotech and health care industries, has $200 million in assets.
Industry publication Hedge Fund Alert said in an August 2013 article that the fund had a net return of nearly 25 percent in 2012.
Gilbert previously co-founded Syzygy Therapeutics, a biotech asset acquisition fund. He also was founder and CEO of an online teacher-education company called Knowledge Delivery Systems Inc.
He was a graduate of Princeton University and Harvard Business School.
The shooting was a rare act of violence on Beekman Place, a tony enclave just north of the United Nations in the Sutton Place neighborhood.
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The scourge of Rich White-on-Rich White violence has just got to end. Where are the moral arbiters here, discussing the fraying societal fabric of Rich White society?
Well, it seems the son fled the scene on foot. Went to fancy schools, “attended” Princeton. Probably a sharp dresser, snarky sense of humor, hot cars, all that. Of course I don’t know that, or have any idea what actually happened in the apartment. One thing’s probable though—sonny boy won’t be called a “thug” at any point, even if he murdered dear old dad. Not a thug.
Is one of those “What do you call —” jokes.
Hint: A good start.
Because that would be a murderer. A thug is more of a mobster or gang type that continually act “thuggish”. A crime like this is more like an instinctive crime, where the person had not been habitually violent. The Gotti’s are thugs, this is more like what a spoiled brat punk would do, assuming he did it of course.
A thug is a thug. They can be any race, it’s based on behavior and personality. OJ and Dan White killed people, but they were not “thugs”. When a mobster looks to collect debts from slow payers, he sends his thugs. When gang members steal stuff through violence, they are thugs. Color has no relevance.
Looks more like a domestic violence issue if his kid did it.