Ascot Partners

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.