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January 09, 2019  

ExodusPoint Set High Bar for Year's Major Launches

If 2018 saw the disappearance of some of the best-known hedge fund managers, it also witnessed some of the heftiest fund launches since the financial crisis — including the largest in the industry’s history.ExodusPoint Capital, a multi-strategy startup led by former Millennium Management executives Michael Gelband and Hyung Soon Lee, set sail in June with $8 billion of investor commitments — marking the biggest-ever hedge fund...

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