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

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

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 to Izzy Englander at Millennium

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