Galleon names Lau as senior portfolio manager

David Lau joined hedge fund manager Galleon Group as senior portfolio manager and partner. As part of his newly created position, Mr. Lau co-manages the $1.2 billion Galleon International Fund and heads Galleon’s recently established office in Singapore, said spokesman Shawn Pattison. Mr. Lau was managing director and joint head of global financial markets at Development Bank of Singapore. He remains president of the Financial Markets Association, Singapore.