Bloomberg – Rajat K. Gupta, the former Goldman Sachs Group Inc. (GS)director accused of insider trading by U.S. regulators, took a leave of absence from New Silk Route Partners, the $1.4 billion private-equity firm he co-founded.
Gupta voluntarily took the leave to “avoid any distraction and ensure New Silk Route’s continued focus on the execution of its investment strategy,” according to a statement today from the New York-based firm. The move is effective immediately.
