Jan. 06--REPORTING FROM NEW YORK -- The son of a New York hedge fund founder will be charged with murdering his father, Thomas S. Gilbert, after the man was found shot to death at home Sunday afternoon, police said.
Thomas Gilbert Jr., 30, is to be charged with murder and several weapons offenses and is expected to make his first court appearance late Monday night or early Tuesday morning, according to a New York Police Department spokesman.
The elder Gilbert, 70, was the founder and chief investment officer of Wainscott Capital Partners Fund. He was found dead around 3:30 p.m. Sunday, and a gun was recovered at the scene, police said.
Robert Boyce, the NYPD's chief of detectives, told reporters Monday that on Sunday afternoon, the younger Gilbert visited his parents' home on Manhattan's east side and asked to speak with his father alone around 3 p.m.
His mother left, and when she returned 30 minutes later, she found her husband lying dead with a bullet hole in his head and a gun resting on his chest, Boyce said.
Detectives believed the crime scene was staged, according to Boyce.
"The gun, laying where it was, didn't seem [consistent with] a self-inflicted wound," he said.
He said police searched the younger Gilbert's apartment Sunday night and found two magazines of .40-caliber ammunition, the same caliber of bullet used in Sunday's shooting, as well as the box for a .40-caliber Glock and other evidence.
The younger Gilbert was arrested Monday morning, Boyce said.
Investigators did not discuss a motive in the slaying.
A spokeswoman for the Manhattan district attorney's office said prosecutors would not release the case's criminal complaint until the younger Gilbert appeared in court.
The elder 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.
Times Staff Writer Lauren Raab contributed to this report.
Follow @JamesQueallyLAT for breaking news
UPDATES
4:40 p.m.: This post updated with information provided at an NYPD press conference.
This post published at 4:12 p.m.
