Prominent Hedge Fund Trader Jumps To His Death In Manhattan

Tyler Durden's picture

A prominent 47-year-old hedge fund trader was killed when he jumped from a luxury apartment building on Manhattan's Upper West Side, in an apparent suicide, authorities told the NY Post.

Kevin Bell, most recently head of Credit Risk at Arrowgrass Capital, jumped from a ninth-floor kitchen window at the Apthorp building on West End Avenue near West 79th Street around 7:20 a.m. He landed on scaffolding that was set up in front of the building and was pronounced dead at the scene.

Bell left a note indicating he had been depressed, the source said. He had a history of depression, the source added.

According to the NY Post, Bell left behind a wife and two daughters. His family was at home when he jumped, according to the source. “The family is hysterical. He was under a lot of meds. He did not give a specific reason why he jumped, but he was depressed,” the source said.

Bell, a graduate of Duke University, worked at Arrowgrass Capital Partners, where he was head of credit risk, according to his LinkedIn page. Arrowgrass managed $4.5 billion as of mid-2016. It is run by former Deutsche Bank traders Henry Kenner and Nicholas Niell, and in 2015 had been stocking its ranks with Saba alumni after losing several employees in its credit-trading group in April. The firm focuses on strategies including corporate distressed assets in the U.S. and Europe.

Prior to Arrowgrass, Bell worked at various prominent hedge funds and banks including Saba Capital, Citadel, Citigroup and Deutsche Bank.

“We are deeply saddened that our friend and colleague Kevin Bell has passed away today. We extend our sympathies and condolences to his family,” Arrowgrass spokesman Nick Lord told The Post in a statement from the UK.

A building worker said some residents saw the man’s body. “A couple of our residents reported hearing a thud,” the worker said. “The daughter of a tenant looked out the window and she told her mother there was a man lying down on the scaffolding.”

The worker said the mother saw the body and notified building workers.

“He was bleeding,” the worker said. “Some of the residents are pretty shaken up.”

Based on resident reports, this is not the first suicide at the building: a man who works in a nearby doctor’s office was stunned about the suicide. “Oh my God, another one?” he said in disbelief. “Somebody committed suicide a few months ago … on the other side of the building. I can’t believe it, it’s almost exactly the same thing, but just around the side.”

Among the Apthorp building’s famed tenants were Al Pacino, Sydney Poitier and singer and Oscar-winning actress Jennifer Hudson. The building, which is modeled after the Palazzo Pitti in Florence, is listed on the National Register of Historic Places and takes up an entire city block, from Broadway to West End Avenue between 78th and 79th streets.

It was unknown as of this writing if Bell's alleged depression had been impacted by recent market performance.

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pot_and_kettle's picture

Any nail guns found nearby?

Paper Boy's picture

Screw all of you! Bankers grow aNgel wings he is in better places!

remain calm's picture

He must of bet against TRUMP

SomethingSomethingDarkSide's picture

Hedge Funds and Big Banks do this to employees who:

1) "Know too much"

2) Perform irreperably poorly

3) are victims of Insurance Fraud - company gets to claim insurance benefits if still employed at time of death

The Saint's picture

After President Trump's speech to Congress last night I would have thought a lot more liberals would have been jumping out of windows in tall buildings today.

 

Manthong's picture

“apparent suicide”.. maybe better than a real one.

“hedge fund trader” … is that anything like manipulating, front-running, algo-rigging thief?

R.I.P. …  I hope the ride down was good for you.

 

Pinto Currency's picture

Dalio gone.
Now a jumper.
Wonder if Sessions is about to start making arrests.

xythras's picture

 

If a hedge fund trader falls in a city and no one is around to hear it, does it make a sound?

He must have felt The Bern

VIDEO: TRIGGERED Bernie Sanders Responds to Trump Speech

http://dailywesterner.com/news/2017-03-01/video-triggered-bernie-sanders...

 

We want MOAR, MOAR to jump !


new game's picture

drought is over...monsoon of jumpers to begin. new season, lol...

may the concrete be with you, amen

 

NoDebt's picture

I was out of action for a while but I'm back on my game.  He saw the nail gun coming for him and just.... you're not going to believe this.... dude jumps through a plate glass window and down he went.

I still get paid, though.  Dead is what they pay me for, dead is what they get.

 

Son of Loki's picture

The story has some fishy parts.

For example, I lived in NYC for 3 months and I can swear to you New Yorkers do not get shaken up by just a dead body let alone a little blood here and there.

If there's a corpse laying in the middle of the street new yorkers just walk over him. Don't get invovled is their motto.

D Nyle's picture

Mark Cubans Financial advisor

Mr. Universe's picture

Remember what the MSM hasn't told you, 1,500 arrested for Pedophilia. Nothing on the alphabets, but could this be true?

Crokin noted some of the major arrests that have been made since Trump took office:

  • On Jan. 27 authorities arrested 42 in a human trafficking operation in Tennessee.
  • On Jan. 29 authorities announced that 474 were arrested in a statewide California human trafficking operation and 28 sexually exploited children were rescued.
  • 178 people were arrested in Texas for sex trafficking in sting that operated in January until Super Bowl Sunday.
  • On Feb. 14 the Polk County sheriff announced that 42 were arrested in Florida in child pornography related cases.
  • http://www.worldtribune.com/unreported-1500-pedophile-arrests-have-been-...

That's a lot of people who could possibly name names, names that are just too familiar, names with power. If Pizza party pictures start coming out (and they will) imagine the carnage.

What if our poor victim here was sent an image of him eating Pizza? Enough to send him over the edge?

Logan 5's picture

Do JEW hedge fund traders ever jump to their deaths?

 

Or does JANET just keep printing money for them until their leveraged trades get back above water?

thesonandheir's picture

Rest in pieces.

 

He's with the angles now.

SonsOfLibertyReborn's picture

America's sins are piled so high that it would be impossible to differentiate why this terrible curse falls upon her. The air is electric with the shrieks of millions of demons. The punishment coming for her will be tremendous, because in America it is educated and willful rebellion. I literally am saving up to get out of America. I see bad things in her future, very bad things.

When the spirit is dead, soon the body will rot.

buttmint's picture

...may I concur with your astute assessment? Never plan some magical bug out date. It never comes. Just split NOW---within the next three months for a month EACH in your top destination---say 1-2 locales. If you gotta rucksack it around, then do so ahead of time. Then head back to USA. To be a functioning, alert, attentative, legit, visa'd ex-pat represents a helluva learning curve no matter WHERE you decide to sprout new roots. This takes time, effort and transition of time. 

 

Happy Trails

peippe's picture

actually, he's one with the flat scaffolding.

still quite dead though.

azusgm's picture

Here's another "missionary" with an "orphanage" in Haiti. He was arrested today in Arkansas. Saw it on the local news.

http://www.ktbs.com/story/34636721/arkansas-man-accused-of-sexually-abus...

francissba's picture

If I lived in a building occupied by the likes of Pachino, Poitier and Hudson I'd jump too

AGXIIK

cbxer55's picture

That's New York for you. When the Gotti gang did Paul Castellano in front of Spark's Steak House, I bet not one person even lifted an eyewbrow at all the gun shots. Not one!

That's what happens when the Mafia have been in your neck-of-the-woods for a lot of years. Turn the head and look the other way syndrome.

August's picture

In Baltimoree, you only worry if you can still hear gunfire.

Troy Ounce's picture

 

Great society and an example for our future generations. Not.

But...why are they still moaning about 911? Does not make sense.

Giant Meteor's picture

Did ya hurry down there and staple him anyway? You know, just to be sure.

btw, congrats for bein back in bidness!

QuantumEasing's picture

"Jumped?"

Or was "stringently incentivized to go long defenestration?"

SonsOfLibertyReborn's picture

https://www.youtube.com/watch?v=04F4xlWSFh0

"This too is meaningless, a chasing after the wind." - Solomon

"What does it profit a man to gain the whole world, yet lose his soul?" - Jesus

identityevropa.com

rrrr's picture

Well, you would gain the whole world.

But really, you can't lose your soul. It's not possible.

jackstraw001's picture

Guy probably was a douchebag but depression and mental illness are fucking scary.  Wouldn't wish that on anybody.  

Giant Meteor's picture

Awww shucks, you got a point there, and tis true. Having spent a good bit of time around those classifications, tis true enough. But shit, We be just funnin  .. terrible thing to fun about, I know, but damn, we proles (and deplorables) just gotta crack wise on the macabre.

Its like a requirement.

Manthong's picture

..only because the law of necessity says he will fall into a soft, warm pool of shit before gravity causes him to hit the concrete.

king leon's picture

"Does it make a sound?" Yeah it rings like a bell.

Giant Meteor's picture

Old black and white film, cannot recall which, had scene where pavement diver description was given from the bottom, street level. Still remember the money shot line. "The sound of a watermelon being dropped" from the appropriate high heights. Saw it as a kid I believe, never forgot the lesson. No, jumping wouldn't be my preference, if I had a choice.

To each their own I guess . But if anyone knows the film, I'd be grateful!

Latina Lover's picture

Going long on suiciding banksters....

PT's picture

I'd say this guy was running a bit late.  Wasn't this the trendy thing to do a few years ago?

True Blue's picture

Classics never go out of style.

SoilMyselfRotten's picture

Hmmm, wonder if he was one of those 'jumpers' who was facing the building

HedgeJunkie's picture

Now this is a bankster "bail out" I can fully support.

prime american's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://bit.ly/2jdTzrM

Georgiabelle's picture

Dalio isn't "gone". He will remain at Bridgewater but is dialing it back from CEO to co-CIO. 

xythras's picture

If a hedge fund trader falls in a city and no one is around to hear it, does it make a sound?

NugginFuts's picture

hey. look at you! You made a comment without spamming your news website. Didn't that feel great? Let's see more of that. 

NurseRatched's picture

He was a "prominent" trader - yet nobody has ever heard of this twit or the back-bencher firm he worked for. Hedge funds are a dime a dozen these days. Nobody keeps up with the flavor-of-the-month hedge funds.

Another cog in the machine jumps - and no shits are given.

August's picture

I know, I know... it's an overly broad brush....

But as far as I'm concerned, everyone in the money-center FIRE "industries" needs to understand that they themselves, however clever, and however much they love their children and dogs, are basically parasitic pieces of shit. 

So this suicide is a step in the right direction.   If we get to one-a-day, I'll only smile....

SmittyinLA's picture

"again?"

Must be tough for all the VIPs having their neighbors raining all the time, if I were rich enough to live there I wouldn't live there, but why do they live there? Are all the other people that important?