Galleon floats on rising tide as big names sink

Sun Jun 1, 2003



The strength of technology-oriented hedge funds was underscored in April by a NASDAQ that seemed to rise from the dead. In fact, the NASDAQ surged about 9.2% on the month, accounting for the bulk of the 9.6% gain for the benchmark on the year.

Apparently riding this wave was Raj Rajaratnam's Galleon Management, which saw a 3.3% rise in its Galleon Omni technology fund....

ISSN: 2151-1845 / CDC10004H

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