A dying investor in a $1.1bn investment fund deal died from complications from a heart attack, a law firm and his family said.
The investor was part of a small group of investors who bought $1,000 of shares in the company he helped found in 2013.
“He was very good at what he did and he was a very successful investor, he will be greatly missed by all,” said John R. Smith, one of the partners of Smith & Johnson, which represents the investors.
The company, which has a portfolio of investments, will no longer be active after the deal was signed on Thursday.
The man, whose identity was not disclosed, had not been able to speak with the media since his death, but had been in contact with family, Smith &s; Johnson said in a statement.
He died on Monday from complications of the heart attack.
“The death of our partner has been a very hard blow to all of us, especially his family,” the firm said.
“We have been able, as a family, to mourn the loss of this great investor, and he will forever be remembered by all.”
The man had worked as a stock broker for a firm based in the United Kingdom, where he had been an employee since the mid-1990s, according to the company’s website.
The firm’s website says the man was involved in an “aggressive strategy” with the investment firm and was the head of its “digital and digital marketing”.
“The investor was a visionary who had a clear vision of the future of investing and was a proven leader who was a great mentor to our business and our customers,” the company said in its statement.
The death of the investment banker, who had been the lead investor in the investment company, will have “a profound impact on the future” of the firm, Smith said.
In a statement, the investment fund said it was “deeply saddened” by the loss.
Johnson, whose partners include former US Treasury Secretary Jack Lew, said the firm would continue to support the fund in the “urgent pursuit of the next steps”.
The fund has a long history of investing in hedge funds, private equity firms, and venture capital funds.
It has also invested in private equity companies including a fund that helped fund the purchase of the Miami Heat for the NBA.