Correction: Lawrence Hunt Taylor was chairman of the public relations committee of the Managed Funds Association in the mid-1990s, said Meg Bode, MFA spokeswoman. An item in the Feb. 8 P&I Daily had the wrong time period. Also, the Hartz Group Inc. is a real estate developer.
Lawrence Hunt Taylor, a well-known hedge fund industry executive, died Sunday from injuries suffered in a motorcycle collision in Arizona. The Arizona State Highway Patrol confirmed that Mr. Taylor, 52, was involved in a two-vehicle collision just outside Strawberry, Ariz., about 100 miles north of Phoenix; he was pronounced dead at the scene by attending firefighters. He was alone on the motorcycle and was wearing a helmet, according to a spokeswoman for the state patrol. He lived in Rye Brook, N.Y.
Mr. Taylor was director of investments at Stern Investment Holdings, a family office and the investment arm of real estate developer Hartz Group. Mr. Taylor was chairman of the public relations committee of the Managed Funds Association in the mid-1990s, as well as a columnist for Lipper's HedgeWorld website. His career in financial services spanned 25 years, according to press sources.
Matthias Knab, editor of Alternative Market Briefing, an online hedge fund news service, said in an editorial published today: "We have lost one of our best. ... He was a great man with a great heart, and we will all miss him."
Officials from the MFA and Lipper HedgeWorld, Mr. Stern and Mr. Taylor's family could not be reached for comment.