In 2006, Rajat K. Gupta founded New Silk Route, a ‘hybrid private equity and hedge fund vehicle,’ which counted people like Raj Rajaratnam as partners. Today, perhaps but not definitely in light of the news Gupta called the Galleon founder with inside information he’d obtained from Lloyd Blankfein 23 seconds after getting it, Rajat has decided to take some time away from the firm.

Rajat K. Gupta has taken a voluntary leave of absence from New Silk Route Partners…Gupta said he was taking the leave to “avoid any distraction and ensure New Silk Route’s continued focus on the execution of its investment strategy,” according to a statement from the company today. The move is effective immediately.

Gupta Takes Leave Amid SEC Charges [Bloomberg]

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Comments (32)

  1. Posted by Dr. Rosenrose | March 11, 2011 at 3:55 PM

    HF/PE hybrid? I assume they got their liquidity provisions from the PE side so they don’t get “Level Globalled”. Clever Indians.

  2. Posted by sad guest | March 11, 2011 at 4:11 PM

    maybe they want to capture the cool factor of being a PE fund with the swagger of a hedge fund. “Have you heard of KKR? Have you heard of Paulson? This is like them, combined, on steroids”

  3. Posted by General Partner | March 11, 2011 at 4:12 PM

    Definition of Hybrid PE/Hedge fund: 2/20 +2/20 = 50/100 – it’s a 2nd derrivative fee structure that is highly complex and not be comprehended by middle americans such as jurrors.

  4. Posted by Guest | March 11, 2011 at 4:14 PM

    how much time 18- 43 months? will that be in a low security joint or a federal country club?

  5. Posted by Guest | March 11, 2011 at 4:30 PM

    I’ll bet the curry carts are doing good business outside that courthouse.

  6. Posted by Seaman Bodine | March 11, 2011 at 4:37 PM

    the funny thing is in india, that’s all biz as usual; especially when the ass-fuckees are white people

  7. Posted by Seaman Bodine | March 11, 2011 at 4:37 PM

    the funny thing is in india, that’s all biz as usual; especially when the ass-fuckees are white people

  8. Posted by NSR Summer Analyst | March 11, 2011 at 4:38 PM

    I’m having trouble calculating the WACC of a federal penitentiary?

  9. Posted by NSR Summer Analyst | March 11, 2011 at 4:38 PM

    I’m having trouble calculating the WACC of a federal penitentiary?

  10. Posted by Texashedge | March 11, 2011 at 4:45 PM

    It’s just like not-Bear Stearns in Wall Street 2

  11. Posted by Guest | March 11, 2011 at 4:53 PM

    You think his “expert network” went dry and he’s not able to add “value” anymore?

  12. Posted by sad guest | March 11, 2011 at 4:57 PM

    nothing is as cool as that firm was, except for not-Damien-Blankfien’s secretive BVI based hedge fund that he used to smash things up so that not-JP Morgan can take you over cheaply.

  13. Posted by Confucius | March 11, 2011 at 5:00 PM

    Just look up treasuries, only trick is to remember theres no taxes shield

    - Guy who takes statements with the punctuation of questions at face value

  14. Posted by Confucius | March 11, 2011 at 5:00 PM

    Just look up treasuries, only trick is to remember theres no taxes shield

    - Guy who takes statements with the punctuation of questions at face value

  15. Posted by Barry | March 11, 2011 at 5:11 PM

    oh for goodness sakes, so he heard some stuff from a lil birdy, big woop!!

  16. Posted by Guest | March 11, 2011 at 5:20 PM

    We could use someone with math skills like yours. Would you consider forwarding your resume?

    AIG HR Quant
    50 Danbury Rd
    Wilton, CT 06897

  17. Posted by iknowlittlebutiknowmorethanyou | March 11, 2011 at 6:21 PM

    Another article with incorrect information. A little fact finding would tell you that NSR is purely a PE firm, the hybrid idea was never implemented, and Raj was never part of the firm.

  18. Posted by sad guest | March 11, 2011 at 6:30 PM

    http://nsrpartners.com/team/leadership

    Find Waldo. And by that I mean the white guy.

  19. Posted by sad guest | March 11, 2011 at 6:30 PM

    http://nsrpartners.com/team/leadership

    Find Waldo. And by that I mean the white guy.

  20. Posted by sad guest | March 11, 2011 at 6:30 PM

    http://nsrpartners.com/team/leadership

    Find Waldo. And by that I mean the white guy.

  21. Posted by We Take Half, LLC | March 11, 2011 at 7:03 PM

    Its not just our proprietary business model, then?

    IRS

  22. Posted by PRGY | March 11, 2011 at 7:27 PM

    Raj rules! Yeah!

  23. Posted by Anonymous | March 11, 2011 at 7:48 PM

    10 Indian guys, a Latino and a Scandinavian Jew. Wow.

  24. Posted by Anonymous | March 11, 2011 at 7:49 PM

    Not any more we don’t. :-(

    -Lord Curzon

  25. Posted by Cepino | March 11, 2011 at 8:38 PM

    it will be at your home

  26. Posted by lido | March 11, 2011 at 8:41 PM

    And remind me again why you need white guys to invest in India?

  27. Posted by Anonymous | March 11, 2011 at 8:51 PM

    We used to be good at it.

    -Robert, Lord Clive

  28. Posted by Guestasaur | March 11, 2011 at 9:38 PM

    Federal Pound-me-in-the-ass penitentiary, of course.

  29. Posted by HBSwasp | March 13, 2011 at 12:16 AM

    I’m tired of these fucking indians, crooked as nigerians and smell just as bad…. ruining b-schools and the market alike…

    HBS WASP

  30. Posted by Fulksmask | November 19, 2011 at 4:10 AM

    It’s off topic but anyone know a good treatment for this for my son?

    – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -

  31. Posted by KinoadvismPaP | April 10, 2012 at 10:17 AM

    Привет! Ищу сайт с фильмами, чтобы можно скачать и смотреть
    Спасибо за ответы

  32. Posted by eddyREDIFO | April 15, 2012 at 10:27 AM

    greetings my name is Jonas P.

    I just found this forum and already like it.

    Nice to be here , see you soon on others forum threads ;)

    I love golf , costume zara and travel in south- africa

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