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$200 million hedge fund founder shot to death in NYC apartment

Posted at 11:34 AM, Jan 05, 2015
and last updated 2015-01-05 11:34:02-05

NEW YORK — A man who started a biotech hedge fund and grew it to a business with $200 million in assets was found shot to death in his upscale Manhattan apartment.

Thomas Gilbert, 70, founded the biotech and healthcare-focused hedge fund, Wainscott Capital Partners Fund, in 2011.

His wife found his body in their 8th-floor apartment about 3:30 p.m Sunday. He had been shot in the head, police said.

Officers found a gun at the scene. And police were questioning his son who was in the apartment on the day of the shooting, said New York police Lt. John Grimpel.

The son isn’t considered a suspect in the shooting because the medical examiner hadn’t yet ruled on the cause of death — whether it was a suicide or a homicide, Grimpel said.

Gilbert’s Beeckman Place apartment sits on a quiet street that houses several diplomats.

“Something just kaboom, just hit the floor loudly,” said Christopher Kelly, who lives below Gilbert’s apartment, describing what he heard to CNN affiliate WABC. “That’s all I heard — like something dropped somewhere.”