Galleon's Private Portfolio

I wrote about Galleon Management’s $300 million move into venture capital in August 2007. The firm had hired half a dozen investment professionals and opened an office on Sand Hill Road to invest in private companies looking to go public. Today’s news that Galleon decided to wind down its funds after getting $1.3 billion in capital calls (thanks to a pesky insider trading scandal) may close the books on the firm’s operations, but its move out of venture capital happened at least a year before.

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