The Galleon Group is a hedge fund management company founded by Raj Rajaratnam in 1997. The company manages funds in the areas of technology, health care, new media, communications and life sciences.
On October 15, 2009, Rajaratnam was charged with conspiracy and fraud in connection with a $20 million insider trading suit. Prosecutors allege that Rajaratnam received inside information about companies including Hilton Hotels and Google, leading to the Galleon Group earning over $12 million in profits.http://online.wsj.com/article/SB125570373292090093.html?mod=WSJ_hpp_LEFTWhatsNewsCollection
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References
Fast Facts
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Founded
1997
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Founder
Raj Rajaratnam
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Headquarters
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COO
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Managing Directors
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Vice President
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Fact:
Privately held
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Fact:
Founder Rajaratnam charged with insider trading in October 2009
