• Investment
  • Culture of
  • Experienced
    Management
  • Robust
    Risk
  • Alpha
  • Integrity
  • Team
  • Management

About Us

ExodusPoint, founded in 2017 by Michael Gelband and Hyung Lee, began managing investor capital in 2018. The firm employs a global multi-strategy investment approach, seeking to deliver compelling asymmetric returns by combining complementary liquid strategies managed by experienced investment professionals within a robust risk framework. ExodusPoint brings together an accomplished team with hands-on experience running multi-manager businesses to create an institutional investment management firm.

  • Senior
    Leadership

  • Investor
    Alignment

  • Investment
    Alpha

  • Flexible Multi-Strategy
    Platform

Value
Proposition

Senior
Leadership

Highly experienced team with extensive hands-on knowledge of running a multi-manager business. Decades of experience identifying, recruiting, and managing talented investment professionals.

Senior Leadership Team Biographies

Investor
Alignment

Cost pass through structure designed to align interests between management and investors. Enhanced transparency across aspects of the business including performance analytics, risk reporting, and expenses. Significant investment into the fund by founding principals.

Investment
Alpha

Seek highly diversified allocations to both fixed income and equity strategies. Focus on liquid instruments designed to allow active risk management.

Flexible Multi-Strategy
Platform

Our platform is designed to provide the resources, infrastructure, and support necessary to create an environment that enables our investment professionals to be most productive.

Team

Michael Gelband and Hyung Lee have worked together for over 25 years at globally recognized financial institutions and have assembled a senior management team with decades of collective experience managing multi-asset investment teams. Members of ExodusPoint’s senior leadership team have worked together in different roles for over 25 years, resulting in a cohesion that benefits the business.

Michael
Gelband

Co-Founder
CEO & CIO

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Hyung
Lee

Co-Founder
& Advisor

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Garrett
Berg

President &
Chief Operating Officer

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Dev
Joneja

Chief
Risk Officer

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Michael is Co-Founder, CEO and CIO. Prior to co-founding the firm, he was the Global Head of Fixed Income for Millennium Management LLC. At Millennium, he was responsible for the oversight of all recruitment, trading, and risk management of Millennium’s Fixed Income Business. Before joining Millennium, Michael worked at Lehman Brothers from 1983 until May 2007 and again from June through October 2008. He had various trading and management responsibilities over that time including Head of Liquid Markets, Head of Fixed Income in Asia-Pacific, Global Head of Fixed Income, and Global Head of Capital Markets. Michael was also a member of the Lehman Brothers Management and Executive committees. Michael graduated with a bachelor’s degree in business administration from the University of Georgia, and he earned a master’s degree in business administration from the Ross School of Business at the University of Michigan. He is the former Chairman of the Ross School Advisory Board at the University of Michigan. Michael currently serves on the University’s President’s Advisory Group.

Hyung is Co-Founder and Advisor. Prior to co-founding the firm, he was the Global Head of Equities for Millennium Management LLC.  At Millennium, he was responsible for the oversight of all recruitment, trading, and risk management of Millennium’s Equity Business.  Before joining Millennium, Hyung spent 15 years working at Lehman Brothers in various roles including Head of Capital Markets, Asia Pacific, where he oversaw the equities and fixed income divisions.  Prior to joining Lehman, he was a trader at Bank of New York.  Hyung earned a bachelor’s degree in economics from the Wharton School at the University of Pennsylvania.

Garrett Berg joined ExodusPoint at launch and is President & Chief Operating Officer. He oversees all non-investment related activities. Prior to joining ExodusPoint, Garrett was the Global Head of Marketing and Investor Relations for Hoplite Capital Management. Before joining Hoplite, Garrett was the Global Head of Marketing and Investor Relations for BlueCrest Capital Management, and he was also a member of the firm’s Global Operating Committee. Earlier in his career, he worked in the financial services group of the management consultancy Oliver Wyman. Garrett holds the Chartered Financial Analyst® designation and is a member of the New York Society of Security Analysts. Garrett earned a bachelor's degree in marketing from Providence College.

Dev joined ExodusPoint at launch as Chief Risk Officer. Prior to joining ExodusPoint, Dev was Global Head of Risk for Millennium Management LLC.  At Millennium, he was responsible for the day-to-day management of risk across all products and oversaw Millennium’s Risk Department.  Before joining Millennium in 2009, Dev worked at Lehman Brothers for 13 years, most recently as the Head of Fixed Income Research in Europe and as the Global Head of Lehman Indices and POINT (Portfolio Analytics).  Prior to Lehman, he was on the faculty of the Graduate School of Business at Columbia University in New York.  Dev earned his Ph.D. from Cornell University and completed his undergraduate degree in engineering at the Indian Institute of Technology.

Brendan
Kalb

General Counsel

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Tim
Cruise

Chief Compliance Officer

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Erik
Addington

Chief Financial Officer

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Arram
Han

Head of Infrastructure

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Brendan Kalb joined ExodusPoint in September 2020 as General Counsel. Prior to joining ExodusPoint, Brendan was a partner in the Investment Management Group at Morgan Lewis in New York. Prior to joining Morgan Lewis, Brendan was the General Counsel at AQR Capital Management, LLC, a quantitative registered investment adviser based in Greenwich, CT, where he was responsible for managing the full spectrum of the firm’s legal affairs. Prior to joining AQR, Brendan worked as an associate at the law firms of Willkie Farr & Gallagher and Seward & Kissel. Brendan received his JD from Cornell Law School and graduated magna cum laude with a B.A. in International Relations & Economics from the University of Pennsylvania. Brendan has served as a member of the Board of the Directors of the National Futures Association and as member of the Managed Funds Association’s Investment Adviser and Government Affairs Committees, and as Chairman of the MFA’s CTA, CPO and Futures Committee. Brendan also serves on the Board of Advisors of the Institute for Law and Economics, a joint research center between the Law School, the Wharton School and the Department of Economics at the University of Pennsylvania.

Tim Cruise joined ExodusPoint in 2020 and was named Global Chief Compliance Officer in January 2025. Previously he held the roles of Deputy Chief Compliance Officer before becoming CCO-Americas. While at ExodusPoint, Tim has led the Firm’s global Trading Compliance function, providing real-time and long-term compliance advisory coverage to the Firm’s business management, investment staff, and other front office teams. Prior to joining ExodusPoint, Tim worked at Two Sigma Investments from 2014 to 2020 where he was ultimately the Head of Advisory Compliance providing compliance advisory coverage to the Firm’s systematic businesses and control functions. Before Two Sigma, Tim was at Morgan Stanley from 2008 to 2014 where he was initially responsible for handling regulatory inquiries before transitioning to the equity advisory compliance group. Tim began his compliance career in 2005 working for a subsidiary of Sumitomo Mitsui Banking Corporation. He graduated from the University of Richmond with a bachelor’s degree in psychology.

Erik Addington joined ExodusPoint in 2018 as Chief Financial Officer. Prior to joining ExodusPoint, Erik spent 10 years at Nomura and held senior finance roles including Chief Financial Officer, Americas and Head of Treasury, Americas based in New York and Chief Financial Officer, Asia ex-Japan while based in Hong Kong. At Nomura, he served on the Americas Executive Committee and Global Finance Operating Committee and was responsible for financial controls and operational infrastructure. Before joining Nomura, Erik worked at Lehman Brothers from 1998 - 2008 in various roles in New York and Tokyo including Head of Asia-Pacific Product Control. Erik began his career at Andersen Consulting. He holds a bachelor’s degree in accounting from St. Bonaventure University and a master’s degree in business administration from Fordham University, and he is a US CPA (inactive).

Arram Han joined ExodusPoint in 2021 and is Head of Infrastructure. Prior to joining ExodusPoint in 2021, Arram spent 24 years at Société Générale in various leadership and engineering positions. In his most recent position at SG, Arram has served as the Chief Technology Officer of the Americas managing infrastructure services for the SG Corporate & Investment Bank, SG Equipment Finance, and Lyxor Asset Management across North and South America. While at Société Générale, Arram also served as the Deputy Chief Information Security Officer for the Americas managing cybersecurity with a focus on Data Protection and Identity and Access Management. Prior to his time as Deputy CISO, Arram managed all technology support for the Equities businesses including low latency trading platforms and electronic market making.

Investment
Strategies

The combination of fixed income and equity strategies is designed to offer a compelling risk adjusted return profile.

Fixed Income

Equities

rates

ExodusPoint's Rates strategies largely operate in G7 rates, across major bond, swap, and futures markets, and include yield curve and relative value strategies, as well as short-end rates and inflation strategies.

credit

ExodusPoint's Credit strategies are focused on liquid markets, and include fundamental long/short, credit index and options, macro credit, new issuance, and systematic credit trading.

em & macro

ExodusPoint's Macro strategies include fixed income across developed markets including rates, inflation, and commodities, as well as emerging market trading in rates, FX, and equities.

Statistical Arbitrage
& Systematic

ExodusPoint's Statistical Arbitrage & Systematic Strategies include diversified systematic strategies that operate across asset classes, as well as mid-frequency statistical arbitrage strategies.

Quantitative/Event
Arbitrage

ExodusPoint's Quantitative/Event Arbitrage strategies seek to capture anomalies due to passive market flows including index rebalancing and opportunities resulting from hard catalyst events such as IPOs, spin-offs, and share class arbitrage.

Equity
Long/Short

ExodusPoint's Equity Long/Short strategies are typically market and sector neutral and employ an active trading approach.

Investment
Process

  • Investment
    Talent
  • Capital
    Allocation
  • Risk
    Management

Careers

Human capital is an important element of the multi-manager model. The culture of the firm is shaped by the senior management team’s core values of integrity and entrepreneurship. ExodusPoint strives to create a professional, results-driven, and collegial environment to attract best in class professionals across all facets of its business.

Investment Team

ExodusPoint’s platform is designed to attract and support experienced investment professionals across all liquid systematic and discretionary equity and fixed income strategies. The platform provides the capital, infrastructure, and intellectual resources required to ensure a frictionless environment that allows investment professionals to be most productive. If you are interested in portfolio manager or analyst opportunities, please submit your CV to our investment professionals general job opening board. Our team will review your profile and be in touch should there be an active opening that is a fit.

Business Team

ExodusPoint seeks motivated candidates with entrepreneurial spirit to join its team across all areas of the business. To connect with the firm’s Human Capital team regarding non-investment related opportunities, please click here.

  • New York

    65 East 55th Street,
    6th Floor
    New York, NY
    10022
    646-940-9600

  • London

    20 St. James’s Street
    London, SW1A 1ES

  • Singapore

    Ocean Financial Centre
    10 Collyer Quay Level #19-06/08
    Singapore 049315

  • Stamford

    The Metro Center
    One Station Place, Suite 430
    Stamford, CT 06902

  • Jersey

    Floor One, Liberation Station, Suite 101
    Esplanade, St Helier
    Jersey JE2 3AS

  • Dubai

    Unit R2-02B, Level 2
    ICD Brookfield Place
    Dubai International Financial Centre
    Dubai, United Arab Emirates

  • Tokyo

    Level 2, Marunouchi Nijubashi Building
    3-2-2, Marunouchi, Chiyoda-ku
    Tokyo 100-0005

  • Hong Kong

    7th Floor
    Two Chinachem Central
    26 Des Voeux Road, Central