The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal.
The firm was founded by Raj Rajaratnam, a former equity research analyst and eventual president of Needham & Company, in 1997. The firm was named for the galleon, a large sailing ship used from the 16th to 18th centuries in Europe, and headquartered in New York City.
Other articles related to "galleon group, galleon":
... into insider trading for sharing inside information with Galleon Group hedge fund owner Raj Rajaratnam ... While he and other partners had been pitching McKinsey's consulting services to the Galleon Group, Kumar and Rajaratnam reached a private consulting agreement violating McKinsey's policies on confidentiality ... He stood to profit as the chairman of Galleon International and as the chairman of New Silk Route ...
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