Former hedge fund boss dies in shooting incident

27 Jul

Author: JULIUS COBBETT

Publications:The Citizen

Date Publiched: 27 July 2012

Julian Williams, CEO of private- equity group Basileus Capital, was shot dead in his Cape Town offices on Thursday afternoon.

The alleged shooter was his former business partner, Herman Pretorius.

Pretorius allegedly shot Williams dead, then turned the gun on himself. eNews Channel journalist Lester Kiewit reported on Twitter that the suspect (Pretorius) had a gunshot wound to the head and was taken to hospital where he was declared dead on arrival.

Pretorius used to be involved with a hedge fund called the Abante Statistical Arbitrage.

At the time of his death he ran an unregulated investment scheme called the Relative Value Arbitrage Fund (RVAF), which many investors believed to be a hedge fund.

Pretorius had been due to attend a meeting of investors in Moorreesburg on the evening of his death. Investors were informed that the event had been cancelled because Pretorius was in a meeting with Julian Williams.

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