Rising hedge fund star dies following workout at gym

Carnation

Sad to report.

Bloomberg News reports that Kimberly Mounts, named a hedge fund 'rising star' by Institutional Investor magazine in 2012 for her stewardship of MAP Alternative Asset Management Co. in Newport Beach, California, has died. She was 48.

She died of cardiac arrest on October 25 at Hoag Hospital in Newport Beach, according to her brother, Scott Mounts.

She had been in a drug-induced coma since October 20, when she first went into cardiac arrest following a workout at her gym, her brother said. 'She was a vegetarian, didn’t drink, didn’t smoke and worked out religiously', he said Tuesday in a telephone interview.

A chartered alternative investment analyst, Mounts founded MAP Alternative Asset Management in 2006 following jobs in New York at Goldman Sachs and Morgan Stanley, where she specialized in fixed-income derivatives.

MAP, with fewer than 10 employees, is an investment adviser with input on more than $35bn in client assets, specializing in managing risk in fixed-income portfolios, according to Marco Ricciardulli, a senior consultant. Clients include large public and corporate pensions. A planned fixed-income fund of hedge funds, with a focus on emerging managers, has yet to open, Ricciardulli said.

Hit the link below to access the complete Bloomberg article:

Kimberly Mounts, ‘Rising Star’ Hedge Fund Adviser, Dies at 48

Regulator Chilton to Step Down After Battling Wall Street Swaps

HSBC Said to Reject Euribor Probe Deal as EU Readies Fine

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts