Hedge fund manager Jim Vos, pictured, was arrested following a teenage party at his house in Connecticut where youngsters were alleged to have been drinking alcohol

Police in Connecticut have arrested a hedge fund manager after an underage party involving alcohol was held in his house and resulted in the injury of a 17-year-old girl.

Jim Vos, 54, CEO of hedge fund Aksia, has been charged with failure to stop the possession of alcohol by a minor at his home on Ponus Ridge Road, New Canaan, Connecticut.

Norwalk Hospital ER called New Cannan police on May 30 after doctors admitted a 17-year-old girl with a suspected head injury, according to theNew Canaan Daily Voice.

The head injury was not serious, according to doctors.

Vos was charged along with his son Hayden, 22, and daughter Sophie, 18, with allowing the party to continue.

The party, which was hosted by Sophie, was celebrating the graduation of students of St George's, a private school in Newport, Rhode Island, which commands fees of $60,000 a year. At least two-dozen people were at the party.

Police arrived at the house shortly before dawn on May 30 seeking to speak with the injured girl.

Officer Clinton Jarvis said when he arrived: 'I found the remains of an alcohol party, which included the strong odor of alcohol. I observed multiple areas on the patio and lawn covered in vomit.'

He added he found empty Budweiser cans and Mike's Hard Lemonade bottles.

According to a report on NewCanaanite.com Vos reportedly refused to co-operate with the investigation.

An arrest warrant application filed by Officer Clinton Jarvis claimed Vos 'knowingly had minors on his property consuming alcohol and failed to intervene which ultimately resulted in the injury of an intoxicated juvenile'.

Also arrested: Sophie Vos, 18, (left) and Hayden Vos, 22, (right) were also arrested; the party was being held in honor of Sophie's high school graduation

Police arrived at the house (satellite image pictured) shortly before dawn on May 30 seeking to speak with the injured girl. Vos told them she was upstairs sleeping

He wrote: 'After several attempts to make contact, I canvassed the property for other entrances. When I entered the backyard of the residence I found the remains of an alcohol party which included the strong odor of alcohol. I observed multiple areas on the patio and lawn covered in vomit, and the fire pit was still burning.'

The warrant claimed: 'Mr. Vos remained uncooperative throughout the entire investigation.'

Mr Vos subsequently turned himself in to police on June 26 and was charged with failure to halt possession of alcohol by a minor. He was freed on $2,500 bond.

His daughter then turned herself in on June 27 and was charged with permitting a minor to posses alcohol. Two days later her brother Hayden turned himself in and was charged with failure to halt possess alcohol by a minor. Both were freed on $2,500 bond. Both claim that their father was asleep and was not aware they were drinking. It is unclear if their mother, Stephanie Joyce, was present.

Vos is CEO of hedge fund Aksia which has more than 70 clients across the globe.