By Adam Satariano

Dec. 26 (Bloomberg) -- Michael Klein, the owner of California hedge fund Pacificor LLC, his teenage daughter, Talia, and pilot were found dead after their plane crashed over the weekend in Panama, the Associated Press reported.

Francesca Lewis, the 12-year-old friend of Klein's daughter, who was 13, survived and is in hospital with multiple injuries, the report said, citing Panamas civil protection agency. The pilot, Edwin Lasso, was from Panama.

The plane, which had been missing since Dec. 23, was found in the jungle-covered mountains of Chiriqui province in western Panama, AP said.

The plane had taken off from Islas Secas off the Pacific coast of Panama where they were on vacation at a resort that Michael Klein owns, AP said, citing his ex-wife Kim. They were heading for Chiriqui volcano about 620 kilometers (385 miles) west of Panama City.

To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net .


Source: http://www.bloomberg.com