Charles de Vaulx suicide. Pictured, International Value Advisers money manager who jumped to his death.
Charles de Vaulx International Value Advisers IVA money manager jumps to his suicide death after firm liquidation leaves firm going from $20 billion in assets to less than $3 billion.
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Manhattan financier jumped to his death from a skyscraper yards from
Trump Tower just weeks after his assets wealth money management firm that was once worth $20 billion was liquidated.
Charles de Vaulx, 59, was the chairman and chief investment officer of
International Value Advisers when he allegedly took his own life on Monday at the company’s 10th floor offices at at 717 Fifth Avenue in midtown Manhattan.
How legendary NY financier who leapt to his death from 10th floor office was ruined by the pandemic: Wall St. pro who specialized in unloved stocks saw his fund shrink from $20bn to $863m as prices nosedived
Charles de Vaulx, 59, was the chairman and chief investment officer of International Value Advisers when he apparently took his own life on Monday
De Vaulx is said to have jumped from the company s offices in Manhattan
His death comes just weeks after his company, which was once worth $20billion, abruptly announced it would liquidate its funds and halt business
However, it s believed IVA began unraveling last year at the start of pandemic
By Reuters Staff
2 Min Read
NEW YORK, April 27 (Reuters) - Charles de Vaulx, chairman and chief investment officer of International Value Advisers, has died, the firm said on its website, and research firm Morningstar reported the award-winning portfolio manager had apparently taken his own life.
New York police said a 59-year-old man died at the firm’s midtown Manhattan offices on Monday in an apparent suicide but declined to identify the man.
De Vaulx’s death came seven weeks after the firm abruptly announced it would liquidate its funds and halt business. It said that it had completed the liquidation on April 19.