Thomas gilbert sr biography

&#; -- The hedge fund manager who was fatally shot in his New York apartment was beginning to market to outside investors his small but growing fund that he started with his own money.

Thomas Gilbert Sr., whose son is being questioned about his death, started Wainscott Capital Partners in He and his team, which includes two biotech experts with Ph.D.

degrees, were described as having a "conservative, diversified approach," reported hedge fund and private equity news website FINalternatives in November.

Gilbert, 70, had been optimistic about the future of biotechnology and he claimed that the fund had more than $15 million under management, FINalternatives editor Deirdre Brennan told ABC News.

Starting a fund with one's own money is "common for a smart, year old who could retire but is too smart and too active to do so," Brennan told ABC News.

Gilbert had been raising money