Ascot Partners

Ascot Partners
hedge fund
Key people
 J. Ezra Merkin, general partner
Services feeder fund to Bernie Madoff

Ascot Partners is a hedge fund that was a feeder fund to Bernie Madoff.[1]

It is headed by money manager and financier J. Ezra Merkin as general partner.[2][3][4] It was managed by Gabriel Capital Corporation, of which Merkin was chairman.[5][6] Among its investors were Yeshiva University and New York University.[7]

The hedge fund lost $1.8 billion in the Bernie Madoff Ponzi scheme.[2][8]

See also

References

  1. ↑ Erin Arvedlund. Too Good to Be True: The Rise and Fall of Bernie Madoff. Retrieved February 10, 2013.
  2. 1 2 Deborah Hart Strober, Gerald Strober, Gerald S. Strober. Catastrophe: The Story of Bernard L. Madoff, the Man Who Swindled the World. Retrieved February 10, 2013.
  3. ↑ David E. Y. Sarna (2010). History of Greed: Financial Fraud from Tulip Mania to Bernie Madoff. Retrieved February 10, 2013.
  4. ↑ Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis. 2011. p. 213. Retrieved February 6, 2016.
  5. ↑ Lionel S. Lewis (2012). Con Game: Bernard Madoff and His Victims. Retrieved February 10, 2013.
  6. ↑ Business Week. Retrieved February 10, 2013.
  7. ↑ Monty Agarwal (2011). The Future of Hedge Fund Investing: A Regulatory and Structural Solution for a Fallen Industry. Retrieved February 10, 2013.
  8. ↑ Credit, Currency Or Deratives: Instruments of Global Financial Stability Or Crisis?. 2009. Retrieved February 10, 2013.
This article is issued from Wikipedia - version of the Saturday, February 06, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.