Monday, 26 January 2015
Last updated 1 hour 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…