ExodusPoint Capital Management is planning a significant expansion of its Asian operations, with the multi-strategy hedge fund expected to increase its regional workforce by almost 80% this year following the recruitment of a team from Ovata Capital Management, according to a report by Bloomberg.
The firm, founded by former Millennium executive Michael Gelband, is projected to have around 100 employees across Hong Kong, Singapore and Tokyo by the end of 2026, compared with 56 at the beginning of...
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