By Ellen Wulfhorst NEW YORK (Reuters) - The son of a hedge fund founder was arrested on Monday and charged with the murder of his father, who was discovered shot to death in his New York apartment over the weekend, police said. Thomas Gilbert, 70, founder of the Wainscott Capital Partners Fund, was found shot once in the head Sunday afternoon in the bedroom of his Manhattan apartment, police said. His son was taken into custody and questioned, and he was arrested on charges of homicide and criminal possession of a weapon on Monday, according to New York Chief of Detectives Robert Boyce. The son was identified as 30-year-old Thomas Gilbert Jr. The younger Gilbert had visited his parents on Sunday, when he asked his mother to leave the apartment so he could speak privately with his father, Boyce said at a news conference. When the mother returned, she found her husband shot in the head, with a gun resting on his chest covered by his left hand, Boyce said. Detectives called to the apartment determined it was a "staged crime scene," he said. "The gun laying where it was, it didn't seem it was a self-inflicted wound," he said. Police apprehended the younger Gilbert at his apartment in another part of Manhattan, Boyce said. Police said a .40-caliber handgun was recovered at the scene of the shooting, on Manhattan's affluent East Side. Ammunition matching the gun as well as the manufacturer's box for a Glock handgun was found at the son's apartment, Boyce said. The elder Gilbert, a graduate of Princeton University and Harvard Business School, founded Wainscott in 2011 and was the fund's chief investment officer, according to a profile on its website. Gilbert also was a co-founder of Syzygy Therapeutics, a private equity biotech asset acquisition fund that he left to form Wainscott, the profile said. Wainscott returned 10.48 percent in the first 11 months of 2014, lagging the S&P 500’s roughly 12 percent gain and its 43.92 percent return in 2013, according to a source with access to the fund’s performance figures. (Additional reporting by Svea Herbst-Bayliss; Editing by Bernadette Baum, Andre Grenon and Steve Orlofsky)
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Biden tells crowd: 'I don't care if you think I'm Satan reincarnated. The fact is you can't look at that television and say nothing happened on the 6th.'
President Joe Biden made the comment when asked whether he was confident Congress could effectively investigate the January 6 riot at the US Capitol.
- The Daily Beast
Duchess of CambridgeKate and William have probably long fantasized about issuing a statement saying: “Screw you, Harry and Meghan! That is not how we do things round here!”Instead, as befits the royal world of semaphore, they put out a deeply traditional photo of their son that could be construed as saying the same thing.After a week of turmoil for the palace, which saw a shocking announcement that Prince Harry was to pen a memoir, described as “the stuff of nightmares” for the royal family, nor
- BuzzFeed News
"There are A LOT of things wrong with this."View Entire Post ›
- In The Know
A dentist has stunned her TikTok viewers after revealing that the majority of people are using mouthwash incorrectly.
- KTRK – Houston
CAUGHT ON CAMERA: The noise of the gunman racking the slide of his pistol got one victim's attention, all happening in broad daylight.
The "Late Show" host gave the Ohio congressman a lesson in his own recent history.
Biles shared a snap of herself and teammates Sunisa Lee, Jordan Chiles, Grace McCallum, Jade Carey and MyKayla Skinner in their Team USA opening ceremony outfits
- NBC Sports BayArea
Dave Roberts and the Dodgers were adamant a controversial missed call cost them a win Thursday night against the Giants.
The Texas Republican's prediction was "utterly, completely, in every possible conceivable way wrong," said MSNBC's Chris Hayes.
- Eating Well
And it can increase your life expectancy by up to five years!
This is a completely new look for the "Big Little Lies" star!
Go off, Tana!
- Wolverines Wire
This would be great for basketball, terrible for football.
- Washington Examiner
President Joe Biden brushed off hecklers on Friday while speaking a campaign event in Virginia for Terry McAuliffe's bid to return for a second term as governor.
"We should have formed a band. Wait…😜" Tiffani Thiessen captioned the post, referencing the trio's iconic girl group, Hot Sundae
- Madame Noire
Queen Naija has been very open with her fans on social media about the BBL aka Brazilian Butt Lift she'd gotten done back in 2019.
- Detroit Free Press
Carolina Hurricanes fans need a hug after Thursday's trade with the Detroit Red Wings.
After a widow put her $1.5 million mansion on the market, a group of 'sovereign citizens' moved in, changed the locks, and tried to claim it as their own
At least two of the squatters have since been arrested, including a dentist and a convicted sex offender, The Baltimore Sun reported.
- BuzzFeed News
"He said that the bear kept coming back every night, and he hadn’t slept in a few days."View Entire Post ›
- Eating Well
You can recreate this look for about $30!