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Seth Tobias, 44; manager of hedge fund, financial commentator

September 07, 2007|From Times Staff and Wire Reports

Seth Tobias, 44, a hedge-fund manager who ran Circle T Partners LP and appeared as a financial-news commentator, was found dead Tuesday in the swimming pool at his home near Palm Beach, Fla., police said.

"It was apparently a heart attack," said Spence Tobias, Seth's brother and a money manager at Circle T, which invests in stocks and manages $200 million.

Seth Tobias appeared frequently on television channels including Bloomberg and CNBC to comment on the stock markets and other issues.

Born in Philadelphia on April 8, 1963, he graduated with a bachelor's degree in finance from Boston University.

His first job on Wall Street, in 1987, was as a futures trader at Moseley Securities. He briefly worked with hedge-fund manager Jim Cramer and was an assistant trader at New York and Foreign Securities before joining JRO Associates, where he spent five years as a portfolio manager and equity trader.

He founded Circle T in 1996 with $4 million.

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