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The founder of a $200m (£130m) hedge fund, Thomas Gilbert Sr, has been shot dead in his flat in New York's Manhattan, police say.

US media reported that Mr Gilbert had been involved in a domestic argument.

No-one has been arrested. Police want to speak to Mr Gilbert's son in connection with the incident.

Mr Gilbert, 70, was the founder and president of Wainscott Capital Partners, having started the fund in 2011.

US media said the body was found at about 15:30 local time

http://www.bbc.co.uk/news/world-us-canada-30677565#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Hedge fund founder, 70, shot dead by son, 30, in East Side apartment: cops

Thomas Gilbert Sr., founder of Wainscott Capital Partners, was found fatally wounded after an argument with his son, police said. The son fled the scene, according to police.

A Wall St. whiz who headed a $200 million hedge fund was gunned down Sunday in his posh East Side apartment during a fight with his 30-year-old son, who remains on the loose, cops said.

Thomas Gilbert Sr., the 70-year-old founder and president of Wainscott Capital Partners, was shot in the head during the violent encounter with his son, Thomas Gilbert Jr., police added.

The murder inside the senior Gilbert’s multimillion-dollar apartment at 20 Beekman Pl. near E. 50th St. sent cops fanning out across the tony Sutton Place neighborhood seeking the son, who fled the murder scene on foot, officials said.

Gilbert’s distraught wife called 911 at 3:31 p.m. after finding her mortally wounded husband in a bedroom, a source said. It was not clear if she was home at the time of the shooting.

http://www.nydailynews.com/new-york/nyc-crime/hedge-fund-founder-shot-dead-son-police-source-article-1.2065572