Madoff-linked hedger found dead

By Aaron Siegel

Dec 23, 2008 @ 2:46 pm (Updated 3:52 pm) EST

Thierry Magon de La Villehuchet, who ran a hedge fund that invested with Bernard L. Madoff, the money manager accused of orchestrating a $50 billion Ponzi scheme, was found dead in his New York office, a police officer of that city told La Tribune, a French business publication.

The death appeared to be a suicide, the policeman told the paper.

Mr. de La Villehuchet, 65, the founding partner and chief executive at Access International Advisors LLC of New York, was "unable to resist the pressures that followed the eruption of the scandal," according to the report.

He had tried "night and day" to recover funds that Access International raised in Europe through its $1.4 billion Luxalpha fund and had begun legal action in the United States against U.S. authorities, according to the report.

Access International said last week that it was working with lawyers to assess the situation, according to Bloomberg.

Calls by Bloomberg to the company and Mr. de La Villehuchet's home were not returned.

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May 18 11:36PM
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May 18 09:46PM
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