Selig Zises

Selig Zises, along with his brother Jay, have been involved in a number of high-risk ventures over the years. Both created (Selig was the chairman of) Integrated Resources, with the help of Michael Milken, the junk bond king of Drexel Burnham Lambert fame in the 1980s. The firm collapsed at the end of that decade and the Zises were named in a class action suit, which was settled in 1995 for $10.6 million. The Ziseses, among other ventures, run ACAP Inc., a private investment company, the general partner of Associated Capital LP, a hedge fund.