Skip to content
Subscriber Only

ExodusPoint Hedge Fund Reopening to Raise Over $2 Billion

  • Fund to start raising capital in second quarter of next year
  • Opening comes after lackluster performance compared to peers
Updated on

ExodusPoint Capital Management, which launched last year with a record $8 billion in assets, is setting out to collect billions more.

The hedge fund, co-founded by Michael Gelband and Hyung Lee, aims to gather more than $2 billion starting in the second quarter of 2020, according to people familiar with the matter.