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ExodusPoint filling out its ranks with new middle and back-office hires

It’s now been roughly a year since $8.5 billion hedge fund startup ExodusPoint officially started trading client assets. As we’ve chronicled a few times, Michael Gelband’s firm has been extremely active in the market over the past year, mainly targeting portfolio managers in New York and London. After doubling the size of its New York office just nine months after launching, ExodusPoint has spent the last month filling in the gaps.

The firm just hired two cloud administration specialists in New York: Sonny Baillargeon, the fund’s new global head of infrastructure who recently held similar roles at KCG and Citadel, and Pritam Dahake...