Key Takeaways
- • ExodusPoint Capital Management hired Baris Temelkuran as macro portfolio manager, adding FX and options expertise to its multistrategy platform reporting to Ozgur Kalenci in London.
- • Temelkuran brings over a decade of experience at Goldman Sachs and served as global head of FX options trading at BNP Paribas before a four-and-a-half-year sabbatical as a freelance macro trader.
- • ExodusPoint, founded in 2017 and led by Michael Gelband, currently manages approximately $12 billion in assets and posted an 18% return in its recent performance cycle.
- • The hire reflects continued institutional demand for senior FX and derivatives talent, with ExodusPoint strengthening its macro trading capabilities during a competitive recruitment environment in hedge fund markets.
Summary
ExodusPoint Capital Management has recruited Baris Temelkuran, a seasoned options trader and currency specialist, as a macro portfolio manager based in London. According to Bloomberg, Temelkuran—commonly known as "Chico"—reemerged from a four-and-a-half-year sabbatical to join the multistrategy hedge fund, where he will report to Ozgur Kalenci.
Temelkuran's background demonstrates substantial institutional pedigree in foreign exchange and derivatives markets. He spent more than a decade at Goldman Sachs Group Inc. in trading roles before moving to BNP Paribas SA, where he served as global head of FX options trading. Most recently, he operated as an independent macro trader and manager, according to his LinkedIn profile. His appointment represents a strategic addition to ExodusPoint's macro team as the firm continues to build depth in volatility and currency trading strategies.
ExodusPoint, which was founded in 2017 and began managing investor capital in 2018, currently oversees approximately $12 billion in assets under management. The firm is led by founder Michael Gelband and operates as a global multistrategy investment platform. Recent performance has been solid, with the firm posting an 18% return in its latest reporting period. The hire of Temelkuran underscores ExodusPoint's continued investment in senior talent, particularly in macro and derivatives-focused strategies that generate significant alpha in currency and volatility markets.
The appointment also reflects broader talent competition within the hedge fund industry. Senior traders with established track records at bulge-bracket banks and leading asset managers remain highly sought after, with top performers commanding substantial compensation packages. Temelkuran's return from sabbatical after his extended break signals continued institutional appetite for experienced currency traders and options specialists capable of managing complex macro positions in volatile markets.
Temelkuran's background demonstrates substantial institutional pedigree in foreign exchange and derivatives markets. He spent more than a decade at Goldman Sachs Group Inc. in trading roles before moving to BNP Paribas SA, where he served as global head of FX options trading. Most recently, he operated as an independent macro trader and manager, according to his LinkedIn profile. His appointment represents a strategic addition to ExodusPoint's macro team as the firm continues to build depth in volatility and currency trading strategies.
ExodusPoint, which was founded in 2017 and began managing investor capital in 2018, currently oversees approximately $12 billion in assets under management. The firm is led by founder Michael Gelband and operates as a global multistrategy investment platform. Recent performance has been solid, with the firm posting an 18% return in its latest reporting period. The hire of Temelkuran underscores ExodusPoint's continued investment in senior talent, particularly in macro and derivatives-focused strategies that generate significant alpha in currency and volatility markets.
The appointment also reflects broader talent competition within the hedge fund industry. Senior traders with established track records at bulge-bracket banks and leading asset managers remain highly sought after, with top performers commanding substantial compensation packages. Temelkuran's return from sabbatical after his extended break signals continued institutional appetite for experienced currency traders and options specialists capable of managing complex macro positions in volatile markets.
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