Kevin Bell hedge fund manager suicide: What led to well known Wall st trader executive jumping to their death? Had a history of depression.
Kevin Bell a 47 year old hedge fund executive has died after committing suicide.
The father of two’s death comes after the hedge fund manager jumped from the 9th floor of his luxury NYC apartment Wednesday morning.
A report via the nypost cited investigators saying that Wall st executive jumped out of the ninth floor window of the historic Anthorp Building on Manhattan’s Upper West side circa 7.20am.
At the time of the banker’s death, Bell landed on scaffolding which had been set up in front of the building.
The Duke graduate was declared dead at the scene.
Sources revealed that Bell left a suicide note saying he was depressed.
Told the source via the nypost: ‘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’.
What type of medications the hedge fund executive was on wasn’t necessarily understood. Also not understood is if the executive abused medications and to what degree the drugs may have exacerbated his depression, and perhaps the desire to kill himself.
The source went on to say that Bell had a history of depression.
Notice of the man’s death came after a building worker said another tenant spotted the man’s body and notifying staff.
Told the worker: ‘A couple of our residents reported hearing a thud’,
‘The daughter of a tenant looked out the window and she told her mother there was a man lying down on the scaffolding.’
It was the mother that reported the body.
‘He was bleeding,’ the worker said. ‘Some of the residents are pretty shaken up.’
Bell was a Duke graduate who worked as the head of credit risk at Arrowgrass Capital Partners.
Following the suicide death, the hedge fund issued a statement: ‘We are deeply saddened that our friend and colleague Kevin Bell has passed away today. We extend our sympathies and condolences to his family.’
According to Bell’s linkedn page, he had been the Head of Credit Risk at Arrowgrass from August 2015. Prior to that the banker had worked at Saba Capital Management along with Citadel Investment Group prior to that.
Arrowgrass managed $4.5 billion as of mid-2016.
Not disclosed was whether Bell had sustained any trading losses at the fund and whether any tensions at his place of work may have exacerbated his depression?
The Anthorp Building, where Bell lived, is on the National Register of Historic Places, and counts a coterie of upwardly mobile New Yorkers along with celebrity as tenants, including Al Pacino, Sydney Poitier and Jennifer Hudson.
Bell is survived by a wife and two daughters who were at home at the time of the father taking his life.
To what degree any possible family discord may have caused the father to take his own life has yet to have been revealed.