The founder of a hedge fund with $200 million in assets was fatally shot in his apartment Sunday on Manhattan’s East Side, police said.

Thomas Gilbert Sr., the founder and managing member of Wainscott Capital Partners was shot in the head, allegedly during an argument with his son, police told ABC station WABC-TV in New York.

Police later took Gilbert’s son, Tommy Gilbert, 30, into custody for questioning, NYPD Lt. Thomas Antonetti said. Tommy Gilbert was taken from his residence in Manhattan without incident and is considered a person of interest in the shooting, Antonetti said. He has not been arrested.

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