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$2.27 (5.33%)
11:03PM (15 mins delay)
Jun 09, 2009 - 5:05 AM EDT
Market Folly submits:This is the 1st Quarter 2009 edition of our ongoing hedge fund portfolio tracking series. Before reading this update, make sure you check out the Hedge Fund 13F filings series preface.
Next up on our series is Galleon Group. Galleon was founded by Raj Rajaratnam in 1997 and currently manages in excess of $7 billion. Raj previously worked for Needham & Company and when he left was responsible for a compounded rate of return of 37% over 4 years while overseeing $250 million. Raj received both a Bsc in Engineering and an MBA in Finance from the University of Pennsylvania. Galleon Group's Buccaneer fund was up 13.39% as of late February 2009. Additionally, its Diversified fund was up 9.87% through the same time period, as noted in our January & February hedge fund performances (March '09 numbers here). We'll be posting up more recent metrics here soon.
Source: Seeking Alpha (Jun 09, 2009 - 5:05 AM EDT)
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