Dan Shrager of SAC Capital Management and Paul Yook of Sedna Partners have re-joined $7 billion Galleon Management after multi-year absences to manage the Galleon Health Sciences Fund, a new healthcare strategy. Shrager told AIN that Galleon founder Raj Rajaratnam made both of them "a terrific offer to start up a brand new fund."
The fund launched in July with $100...
This article was originally published in Alternative Investment News.