Bloomberg reports that Wes Swank, Managing Director for energy and natural resources at Hayman Capital Management LP, the hedge fund run by Kyle Bass, died on December 4th in a car accident. He was 31.
Police in Dallas found Swank dead inside a Mercedes that had run off the road and struck a tree, the Dallas Morning News said on its website. Public records showed he was less than a mile from his condominium, the newspaper reported.
Swank joined Dallas-based Hayman in March 2008, after working in the mergers and acquisitions group of Citigroup Inc. (C)’s investment banking unit. He began working at New York-based Citigroup in 2005, according to a Financial Industry Regulatory Authority filing.
'It is amazing how we have so much and so little control over our lives at the same time', Bass, who earned attention by making $500 million betting against subprime mortgages during the 2007 crash, said yesterday in an e-mail to friends and colleagues. 'Wes was one of the most intelligent, thoughtful, caring and vibrant individuals I have ever known. We are suffering a profound and deep sense of loss throughout the entire Hayman family, and our world has been forever changed by the loss of this great man'.
Bass said he noticed a quote taped to Swank’s computer monitor that says:
'I go to work every day with people smarter than me, who are better at what they do than me. I go to the gym every day and work out with people stronger and faster than me. I spend my spare time with friends and family whose values and quality of character I aspire to reflect. For all of these reasons, I get a little better, every day'.
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