Raj Rajaratnam

Before founding The Galleon Group in January 1997, Mr. Rajaratnam started out as analyst for the electronics sector to Managing Director of investment analysis for technology, healthcare and specialty retailing and becoming President of the firm in 1991.
He played an important role in the exceptional success of Needham, an investment banking firm specialized in emerging growth companies which raised over $6 billion in more than 120 public offerings from 1986 to 1996.
In 1992, Mr. Rajaratnam began managing an investment partnership focused on the various sectors of the technology industry and a parallel offshore fund was started in July 1995.
By the time he left Needham to concentrate on managing money, he was responsible for over $250 million in hedge funds which had achieved a net compound rate of return of 37% from July 1992 to December 1996.
Needham agreed to let Mr. Rajaratnam assume control of the offshore funds and he started a new domestic partnership in January 1997.