Jun
21

Hedge Fund Manager Charged With Insider Trading Is Found Dead

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Sanjay Valvani, a portfolio manger at Visium Asset Management, was charged last week with insider trading.CreditLucas Jackson/Reuters

A high-flying hedge fund manager at Visium Asset Management, who was charged last week with insider trading, has died, apparently the victim of a suicide.

The manager, Sanjay Valvani, was discovered on Monday by his wife in their brownstone in Brooklyn Heights, a New York police official said. Mr. Valvani was found face down on the bedroom floor with a cut to his neck, the official said. He left a note, and a knife was found near his body. He was 44.

The death brought the government’s case against Mr. Valvani to a shocking end. Last week, he was accused of using confidential information from a former Food and Drug Administration official to reap $32 million in illegal gains…

Hedge Fund Manager Charged With Insider Trading Is Found Dead

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