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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
Tobias’s family has a history of coronary disease, said Spence Tobias, Seth’s brother and a money manager at Circle T.<\/p>\n
“It was apparently a heart attack,” he said by telephone from New York. Another brother, Sam, also works at the firm.<\/p>\n
Seth Tobias appeared frequently on television channels including Bloomberg and CNBC to comment on the stock markets and other issues.<\/p>\n
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.<\/p>\n