Key Takeaways
- • ExodusPoint Capital Management, the nearly $15 billion multistrategy firm led by Michael Gelband, is on track to nearly 80% expand its Asia headcount in 2026, according to a person with knowledge of the matter cited by Bloomberg.
- • Headcount across Hong Kong, Singapore and Tokyo is estimated to reach about 100 employees by year-end, up from 56 at the start of 2026.
- • A recent deal to hire from smaller regional peer Ovata Capital Management is helping drive the expansion.
- • ExodusPoint has secured more than 20,000 square feet (1,858 square meters) of office space across the three cities, capable of seating as many as 180 people combined, in anticipation of further growth.
Summary
Michael Gelband's ExodusPoint Capital Management is on track to expand its Asia headcount by nearly 80% this year, according to a person with knowledge of the matter, with a recent deal to hire from smaller regional peer Ovata Capital Management contributing to the growth, Bloomberg reported.
The nearly $15 billion multistrategy firm is estimated to have about 100 employees across its Hong Kong, Singapore and Tokyo offices by year-end, up from 56 at the start of 2026. The source, who asked not to be identified because the information is private, did not provide further details on the terms of the Ovata-related hiring.
To accommodate continued growth, ExodusPoint has secured more than 20,000 square feet (1,858 square meters) of office space in the three cities. That space can seat as many as 180 people combined, indicating the firm is planning for headcount beyond its current projections.
The move underscores the competition among multistrategy hedge funds for Asian investment talent, and ExodusPoint's expansion in the region reflects its broader strategy of building out local teams in key financial centers.
The nearly $15 billion multistrategy firm is estimated to have about 100 employees across its Hong Kong, Singapore and Tokyo offices by year-end, up from 56 at the start of 2026. The source, who asked not to be identified because the information is private, did not provide further details on the terms of the Ovata-related hiring.
To accommodate continued growth, ExodusPoint has secured more than 20,000 square feet (1,858 square meters) of office space in the three cities. That space can seat as many as 180 people combined, indicating the firm is planning for headcount beyond its current projections.
The move underscores the competition among multistrategy hedge funds for Asian investment talent, and ExodusPoint's expansion in the region reflects its broader strategy of building out local teams in key financial centers.
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