How Michael Gelband’s $8 Billion Exodus Point is Faring

The ex-Millennium Management executive’s flagship fund is off to a slow start.

Michelle Celarier December 11, 2018

Illustration by II

Michael Gelband’s ExodusPoint Capital Management, which launched in June with $8 billion, is up a mere 1 percent through November, according to an individual familiar with the matter.The fund gained 0.05 percent for the month of November.Gelband, who was once seen as the heir apparent

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