{"id":12692,"date":"2009-10-28T07:47:00","date_gmt":"2009-10-28T11:47:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12692"},"modified":"2009-10-28T07:47:00","modified_gmt":"2009-10-28T11:47:00","slug":"galleon-wind-down-of-hedge-funds-is-largely-complete-source","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/galleon-wind-down-of-hedge-funds-is-largely-complete-source.html","title":{"rendered":"Galleon Wind-Down Of Hedge Funds Is &#8216;Largely Complete&#8217; -Source"},"content":{"rendered":"<p>WSJ &#8211; Galleon Group&#8217;s liquidation of its hedge funds&#8217; portfolios is &#8220;largely complete,&#8221; a person familiar with the matter told Dow Jones Newswires on Tuesday.<\/p>\n<p>The person said that the liquidation was done under &#8220;very difficult conditions,&#8221; considering Raj Rajaratnam&#8217;s hedge fund firm had about $3.7 billion under management as recently as two weeks ago.<\/p>\n<p>Some of Galleon&#8217;s largest positions were in big companies like Apple Inc. (AAPL) and Google Inc. (GOOG), but it also had positions in non-mega-cap stocks, like OSI Pharmaceuticals Inc. (OSIP).<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/online.wsj.com\/article\/BT-CO-20091027-711008.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Galleon Group&#8217;s liquidation of its hedge funds&#8217; portfolios is &#8220;largely complete,&#8221; a person familiar with the matter told Dow Jones Newswires on Tuesday. The person said that the liquidation was done under &#8220;very difficult conditions,&#8221; considering Raj Rajaratnam&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11708,117,4504],"class_list":["post-12692","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-funds","tag-investment-arm","tag-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12692"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12692\/revisions"}],"predecessor-version":[{"id":12694,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12692\/revisions\/12694"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}