{"id":13168,"date":"2009-12-01T07:24:16","date_gmt":"2009-12-01T11:24:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13168"},"modified":"2009-12-01T07:24:16","modified_gmt":"2009-12-01T11:24:16","slug":"galleon-said-to-end-operations-in-singapore-at-year-end","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2009\/galleon-said-to-end-operations-in-singapore-at-year-end.html","title":{"rendered":"Galleon Said to End Operations in Singapore at Year-End"},"content":{"rendered":"<p>Bloomberg &#8211; Galleon Group LLC, the U.S. hedge- fund firm that\u2019s liquidating after its founder was charged with insider trading, will stop operating in Singapore on Dec. 31, said two people familiar with the matter.<\/p>\n<p>At least two firms have been in talks to take on Galleon\u2019s teams both in the U.S. and Singapore, one of the people said, asking not to be identified because the information is private. The teams in Singapore, which had assets of about $500 million before Raj Rajaratnam\u2019s Oct. 16 arrest, also have been approached by other firms focusing on the region, another person said, declining to provide details because of non-disclosure agreements between Galleon and potential investors.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aK5k.WRqMezo&amp;pos=5\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Galleon Group LLC, the U.S. hedge- fund firm that\u2019s liquidating after its founder was charged with insider trading, will stop operating in Singapore on Dec. 31, said two people familiar with the matter. At least two firms have [&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":[],"class_list":["post-13168","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13168","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=13168"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13168\/revisions"}],"predecessor-version":[{"id":13169,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13168\/revisions\/13169"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}