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About: Galleon Group     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPrivateEquityFirmsOfTheUnitedStates, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatCompaniesDisestablishedIn2009yago:WikicatCompaniesEstablishedIn1997yago:WikicatCompaniesOfTheUnitedStatesyago:Abstraction100002137yago:Business108061042yago:Company108058098yago:Enterprise108056231yago:FinancialInstitution108054721yago:Firm108059870yago:Group100031264yago:HedgeFund108071229yago:Institution108053576yago:InvestmentCompany108070850yago:NondepositoryFinancialInstitution108419984yago:Organization108008335yago:WikicatHedgeFundFirmsInNewYorkCityyago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920yago:WikicatDefunctCompaniesOfTheUnitedStatesyago:WikicatDefunctHedgeFundsyago:WikicatPrivateEquityFirmsOfTheUnitedStates New Facet based on Instances of this Class

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 which subsequently led to its fall. The firm was founded by Ari Arjavalingam, Gary Rosenbach, Krishen Sud, and Raj Rajaratnam, a former equity research analyst and eventual president of Needham & Company, in 1997. The New York headquartered firm was named for the galleon, a large sailing ship used from the 16th to 18th centuries by European traders and explorers, especially from Spain.