| Company type | hedge fund |
|---|---|
Key people | J. Ezra Merkin, general partner |
| Services | feeder fund to Bernie Madoff |
Ascot Partners is a hedge fund that was a feeder fund to Bernie Madoff. [1]
It is headed by money manager and financier J. Ezra Merkin as general partner. [2] [3] [4] It was managed by Gabriel Capital Corporation, of which Merkin was chairman. [5] [6] Among its investors were Yeshiva University and New York University. [7]
The hedge fund lost $1.8 billion in the Bernie Madoff Ponzi scheme. [2] [8]