Ascot Partners is a hedge fund that was a feeder fund to Bernie Madoff.[1]
| Company type | hedge fund |
|---|---|
Key people | J. Ezra Merkin, general partner |
| Services | feeder fund to Bernie Madoff |
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
editReferences
edit- ^ Erin Arvedlund (August 11, 2009). Too Good to Be True: The Rise and Fall of Bernie Madoff. ISBN 9781101137789. Retrieved February 10, 2013.
- ^ a b 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.
- ^ David E. Y. Sarna (2010). History of Greed: Financial Fraud from Tulip Mania to Bernie Madoff. ISBN 9780470877708. Retrieved February 10, 2013.
- ^ 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.
- ^ Lionel S. Lewis (2012). Con Game: Bernard Madoff and His Victims. ISBN 9781412846363. Retrieved February 10, 2013.
- ^ Business Week. 2008. Retrieved February 10, 2013.
- ^ Monty Agarwal (2011). The Future of Hedge Fund Investing: A Regulatory and Structural Solution for a Fallen Industry. ISBN 9780470557297. Retrieved February 10, 2013.
- ^ Papaioannou, Michael G.; Choi, Jay J. (2009). Credit, Currency Or Deratives: Instruments of Global Financial Stability Or Crisis?. ISBN 9781849506014. Retrieved February 10, 2013.