UPDATE: Hedge Fund Manager Found Dead

MarketWatch reports:

Villehuchet, 65, was found sitting at his desk with both wrists slashed, the Associated Press said, citing NYPD spokesman Paul Browne.

A box cutter was found on the floor along with a bottle of sleeping pills on his desk, but no suicide note was found, it said.

Villehuchet co-founded Access International Advisors LLC, which specializes in managing hedged and structured-investment portfolios.

He had been trying for a week to recover at least $1.5 billion in European funds that Access International had invested through Madoff's business, The Wall Street Journal reported.
Villehuchet once worked for the capital markets division of Credit Lyonnais SA as founder, chairman and chief executive officer of Credit Lyonnais Securities (U.S.A.), it reported, citing a company statement.

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