Gilbert E. Kaplan, who founded Institutional Investor in 1967 and later fulfilled his fantasy of becoming an orchestral conductor, died Jan. 1 in New York City. He was 74. In his mid-20s Kaplan borrowed more than $100,000—mostly from Seagram’s liquor baron Gerald Bronfman—to start the financial publication Institutional Investor. The Institutional Investor enterprise grew to include conferences and newsletters (including Fund Action and Fund Directions, until they were sold off in 2014). Kaplan sold the company for an undisclosed amount in the 1980s. Read obituaries from The Washington Post, Institutional Investor, and The Telegraph.