Hedge Fund - ExodusPoint Capital

ExodusPoint Capital Management is an American investment management firm based in New York City, with offices also located in Europe and Asia. It achieved a historic milestone in hedge fund launches by raising $8.5 billion in 2018, marking the largest amount ever raised by a hedge fund at its inception after opening to external investor capital.

Michael Gelband is the Co-Founder, Chief Executive Officer, Head of Fixed Income, and a member of the Firm's Management Committee at ExodusPoint. Prior to co-founding the firm, he served as the Global Head of Fixed Income at Millennium Management LLC, overseeing recruitment, trading, and risk management for the fixed income business. Michael's extensive career includes roles at Lehman Brothers spanning from 1983 to 2008, where he held positions such as Head of Liquid Markets, Head of Fixed Income in Asia-Pacific, Global Head of Fixed Income, and Global Head of Capital Markets. He earned a bachelor's degree in business administration from the University of Georgia and a master's degree in business administration from the Ross School of Business at the University of Michigan.

ExodusPoint Capital Management is a hedge fund managing discretionary assets totaling $85,734,564,858, according to their Form ADV filed on March 28, 2024. Their latest 13F filing for Q1 2024 disclosed $13,105,837,000 in managed securities, with a top 10 holdings concentration of 30.62%. The fund's largest holding is SPDR S&P 500 ETF Trust, with 2,255,300 shares held.