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Sanjay Valvani

Sanjay Valvani

Sanjay Valvani was a 44 year old portfolio manager at Visium Asset Management. Valvani grew up in Kalamazoo, Michigan.

Education

Sanjay Valvani started his undergraduate education at the University of Michigan, then transferred to the The University of North Carolina at Chapel Hill to study Health Policy & Administration. After graduating, Valvani spent four years working as a health care consultant in Chicago, Illinois and San Francisco, California before attending The Fuqua School of Business at Duke University and looking to transition to Wall Street.

Insider Trading

In early June 2016, Sanjay Valani was charged with the crime of insider trading and turned himself in.

He is said to have made 25 million dollars using the insider trading Knowledge.

Sanjay was paying a former Food and Drug Administration official to tap a colleague, still at the FDA, for an inside line on generic drug approvals.

The scheme was discovered on a probe to see if Visium was inflating returns.

Death

On June 21, 2016 one week after being charged with insider trading, Sanjay was found dead by his wife. Sanjay left a suicide note and the case is being investigated.

References

[1]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.com
Jun 21, 2016, 6:23 PM
[2]
Citation Linklinkedin.comlinkedin
Jun 21, 2016, 6:17 PM
[3]
Citation Linkrealdirect.comSanjay previously lived at 16 Sidney Place in Brooklyn Heights.
Jun 21, 2016, 7:07 PM
[4]
Citation Linktwitter.comSaddened by the news of Sanjay's suicide, Martin Shkrelireflected on their occasional communications and his personal case in a Redditpost.
Jun 22, 2016, 3:15 AM
[5]
Citation Linkbusinessinsider.comarticle
Jun 21, 2016, 6:07 PM
[6]
Citation Linkwww.fuqua.duke.eduArticle about Sanjay Valvani's career and his donation to Duke University
Jun 21, 2016, 6:37 PM
[7]
Citation Linkchicagotribune.comSanjay's insider trading was discovered by a probe to see if the fund was mismarking their returns.
Jun 21, 2016, 7:10 PM
[8]
Citation Linkreddit.comMartin Shkreli's Reddit post regarding Sanjay's suicide.
Jun 22, 2016, 3:18 AM