Ascot Partners
Typehedge fund
Key people
J. Ezra Merkin, general partner
Servicesfeeder 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 (August 11, 2009). Too Good to Be True: The Rise and Fall of Bernie Madoff. ISBN 9781101137789. Retrieved February 10, 2013.
  2. 1 2 Deborah Hart Strober; Gerald Strober; Gerald S. Strober (2009). Catastrophe: The Story of Bernard L. Madoff, the Man Who Swindled the World. ISBN 9781597776400. Retrieved February 10, 2013.
  3. ↑ David E. Y. Sarna (2010). History of Greed: Financial Fraud from Tulip Mania to Bernie Madoff. ISBN 9780470877708. Retrieved February 10, 2013.
  4. ↑ Hawley, James P.; Kamath, Shyam J.; Williams, Andrew T. (2011). Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis. p. 213. ISBN 978-0812204643. Retrieved February 6, 2016.
  5. ↑ Lionel S. Lewis (2012). Con Game: Bernard Madoff and His Victims. ISBN 9781412846363. Retrieved February 10, 2013.
  6. ↑ Business Week. 2008. Retrieved February 10, 2013.
  7. ↑ Monty Agarwal (2011). The Future of Hedge Fund Investing: A Regulatory and Structural Solution for a Fallen Industry. ISBN 9780470557297. Retrieved February 10, 2013.
  8. ↑ Papaioannou, Michael G.; Choi, Jay J. (2009). Credit, Currency Or Deratives: Instruments of Global Financial Stability Or Crisis?. ISBN 9781849506014. Retrieved February 10, 2013.
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