Ascot Partners
| Company type | 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
- ^ Erin Arvedlund. Too Good to Be True: The Rise and Fall of Bernie Madoff. Retrieved February 10, 2013.
- ^ a b 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.
{{cite book}}: CS1 maint: multiple names: authors list (link) - ^ David E. Y. Sarna (2010). History of Greed: Financial Fraud from Tulip Mania to Bernie Madoff. Retrieved February 10, 2013.
- ^ Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis. 2011. p. 213. Retrieved February 6, 2016.
- ^ Lionel S. Lewis (2012). Con Game: Bernard Madoff and His Victims. Retrieved February 10, 2013.
- ^ Business Week. Retrieved February 10, 2013.
- ^ Monty Agarwal (2011). The Future of Hedge Fund Investing: A Regulatory and Structural Solution for a Fallen Industry. Retrieved February 10, 2013.
- ^ Credit, Currency Or Deratives: Instruments of Global Financial Stability Or Crisis?. 2009. Retrieved February 10, 2013.