Ex-Galleon Employee Now With Jabre Surprised By Inclusion On Witness List

Mar 14 2011 | 2:01pm ET

Unsurprisingly, more than a few Galleon Group and former Galleon Group employees appear on a list of possible witnesses in the insider-trading trial of firm founder Raj Rajaratnam. But the appearance of Robert Harrington among the 112 potential witnesses certainly surprised Harrington himself.

Harrington, who now works at hedge fund Jabre Capital Partners in Geneva, Switzerland, said that neither he nor his new firm had been contacted by either the prosecution or by Rajaratnam's defense team.

"No one from any organization or entity has contacted me about this issue," he told MarketWatch. And neither the U.S. Attorney's office nor Rajaratnam's legal team would comment on Harrington's appearance on the list.

Philippe Riachi, a managing partner at Jabre Capital, also told MarketWatch he hadn't heard anything about Harrington.

"We have not had any regulator conduct an investigation," he said.

Harrington left Galleon in 2007, the same year that Philippe Jabre, a former star trader at GLG Partners, founded his eponymous hedge fund.


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note