Thursday, 24 July 2014
Last updated 3 hours ago
Dec 23 2008 | 1:59pm ET
One of the victim’s of Bernard Madoff’s alleged Ponzi scheme appears to have committed suicide, according to police.
Rene Thierry Magon de La Villehuchet, who ran hedge fund Access International Advisors, was found dead in his New York City office earlier today. A police officer at the scene said his death looked like a suicide.
The 65-year-old De la Villehuchet was a founding partner and chief executive officer of Access International Advisors. According to Bloomberg News, the fund invested its entire $1.4 billion in assets with Madoff.
Madff was arrested on Dec. 11 for allegedly running a $50 billion Ponzi scheme.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…