Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Hedge Fund Boss Found Dead, Son Taken Into Custody
By
Jen Chung
Published Jan 5, 2015
Modified Jan 5, 2015
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
Google Maps
By
Jen Chung
Published Jan 5, 2015
Modified Jan 5, 2015
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
The head of a $200 million hedge fund was fatally shot in his Manhattan apartment yesterday—and his 30-year-old son was taken into custody hours later.
According to the NYPD, at around 3:31 p.m. police responded to a 911 call about a shooting in an 8th floor apartment of 20 Beekman Place. While inside, they found Thomas Gilbert Sr., 70, in a bedroom with a gunshot wound to the head. He was pronounced DOA at the scene.
The Daily News reports that Gilbert's wife found "her mortally wounded husband in a bedroom of their eighth-floor pad, a source said. It was not clear if she was home at the time of the shooting." A 7th floor resident told the Post, "I heard a loud sound right above me. In New York, you hear loud noises. I thought somebody dropped something."
Thomas Gilbert Sr. (left), Thomas Gilbert Jr.
Gilbert's son, Thomas Gilbert Jr., was taken into custody late last night (the News: "Cops in riot gear chopped down the door of his ground-floor apartment [on West 18th Street] and found him hiding inside..." The son has not been charged yet.
It's unclear what might have precipitated the shooting, but the Wall Street Journal says, "Mr. Gilbert and his son were believed to be discussing differences in their relationship before the shooting."
The elder Gilbert managed Wainscott Capital, which described itself as an "opportunistic, actively-managed global long/short equity hedge fund that focuses primarily on biotech/healthcare investing," and had graduated from Andover, Princeton, and Harvard Business School.
His son, who also graduated from Princeton, was reportedly "volatile" in recent years.
Tagged
beekman place
fatal shooting
thomas gilbert
Tommy gilbert
Wainscott capital
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Early Addition: It's been a while since it rained
Because it's dry, here are your early links: McCarren Park teens love the mayor, Long Island castle being auctioned off, an update on the 1 a.m. dining scene and more.
By
James Ramsay
Published Oct 27, 2026 at 10:00 a.m. ET
Woman found in shallow grave in Queens; her ex-boyfriend is in custody, NYPD says
The city medical examiner ruled Seraphina Pereira’s death a homicide on Monday.
By
Brittany Kriegstein
News
Woman found in shallow grave in Queens; her ex-boyfriend is in custody, NYPD says
The city medical examiner ruled Seraphina Pereira’s death a homicide on Monday.
By
Brittany Kriegstein
ICE used a warehouse in NJ. Locals are ‘frustrated’ by Sherrill’s response.
By
Mike Hayes
NY Gov. Hochul once resisted a data center pause. Now it’s central to her campaign.
By
Jon Campbell
Judge temporarily halts overnight construction at NYC’s Chinatown jail
By
Giulia Heyward
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .