Bloomberg- Seth Tobias, the managing member of hedge-fund firm Circle T Partners LP and a financial-news commentator, was found dead yesterday in the pool of his Florida mansion, police said. He was 44.
Tobias was discovered by his wife, Filomena, who called police to their home near Palm Beach, Florida, just before 1 a.m., said Jupiter police Sergeant Scott Pascarella.
The death hasn’t been classified as suspicious, Pascarella said. Results of the autopsy, which was conducted yesterday, won’t be available for four to eight weeks, he said.
Tobias’s family has a history of coronary disease, said Spence Tobias, Seth’s brother and a money manager at Circle T.
“It was apparently a heart attack,” he said by telephone from New York. Another brother, Sam, also works at the firm.
Seth Tobias appeared frequently on television channels including Bloomberg and CNBC to comment on the stock markets and other issues.
Circle T, which invests in stocks and manages $200 million, Spence Tobias said. The fund owned 9.4 percent of QSGI Inc., a computer-services company based in Hightstown, New Jersey, and in June, Tobias wrote a letter to the company saying he was interested in obtaining two board seats. QSGI shares fell 12 cents, or 18 percent, to 55 cents yesterday in U.S. over-the- counter trading. They climbed to 69 cents today.
