By Lauren Raab
LA Times

A man believed to be hedge fund founder Thomas S. Gilbert was fatally shot Sunday in Manhattan, according to the New York Police Department, which is looking to question his son about the death.

Gilbert was the founder and chief investment officer of Wainscott Capital Partners Fund, according to multiple news outlets, including the Wall Street Journal, Bloomberg News and the Associated Press.

About 3:30 p.m., police responding to a 911 call found Gilbert, 70, dead in a bedroom on Manhattan’s east side, police Lt. John Grimpel told the Los Angeles Times.

Gilbert had been shot in the head, and a gun was recovered at the scene, he said.

Grimpel said police want to question Gilbert’s son, whose name he would not provide.

Gilbert founded Wainscott Capital Partners in 2011, according to the hedge fund’s website. The site describes the fund as “an opportunistic, actively managed global long/short equity hedge fund that focuses primarily on biotech/healthcare investing.”

Before that, the website said, Gilbert co-founded biotechnology fund Syzygy Therapeutics.

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