Son Charged in Hedge Funder’s Murder

The founder of a multimillion-dollar hedge fund was found dead from a gunshot wound to the head in his upscale Manhattan home on Sunday, police said. The body of Thomas Gilbert Sr., the 70-year-old president of Wainscott Capital Partners, was arranged with a gun in his hand in an attempt to make his death look like a suicide, investigators say. Gilbert’s son, 30-year-old Thomas Gilbert Jr., was charged with homicide and criminal possession of a weapon on Monday. Gilbert Sr. was killed after he reportedly cut his son’s allowance by $200. Thomas Gilbert Jr. was reportedly receiving $2,400 for rent and $600 in spending money. “They argued about it before,” a police source told the New York Post. Gilbert Sr. founded Wainscott Capital, which has $200 million in assets, in 2011.