MAP Founder Mounts Dies At 48

Nov 6 2013 | 11:33am ET

MAP Alternative Asset Management founder Kimberly Mounts has died.

The 48-year-old died on Oct. 25 in Newport Beach, Calif., five days after suffering cardiac arrest following a workout, her brother told Bloomberg News. She had been in a medically-induced coma since the incident.

The Goldman Sachs and Morgan Stanley veteran founded MAP in Newport Beach in 2006. The firm has some $35 billion in assets under advisement, and planned to launch a fixed-income fund of hedge funds. She was named a "rising star" in the hedge fund industry by Institutional Investor magazine last year.

"She was a vegetarian, didn't drink, didn't smoke and worked out religiously," Scott Mounts told Bloomberg.

In addition to her brother, Mounts is survived by her mother and four sisters. She was divorced.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...