Gupta Takes Leave From New Silk Route Amid SEC Charges
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Rajat K. Gupta, the former Goldman Sachs Group Inc. director who U.S. regulators accused of insider trading, has taken a voluntary leave of absence from New Silk Route Partners, the $1.4 billion private-equity firm he co-founded.
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.