Friday, 31 July 2015
Last updated 7 hours ago
Mar 12 2010 | 8:07am ET
Adam Sackett, co-head of trading at hedge fund Third Point, died Wednesday night. He was 35 years old.
In a letter to investors, Third Point founder Daniel Loeb said the cause was a bacterial infection “that set upon him suddenly.”
Sackett had worked at the New York-based hedge fund for more than five years. Loeb called him “brilliant, kind, funny and endlessly giving.” He is survived by his wife, Stacy, and two young children, two-and-a-half-year-old Carly and nine-month-old Ryan.
Third Point has established a trust fund to help pay for the education of Sackett’s two children.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…