ExodusPoint Capital Management: Platform Profile

Overview

ExodusPoint Capital Management is a global multi-strategy, multi-manager investment firm founded in 2017 and managing investor capital since 2018.

Current U.S. legal adviser:

• Legal adviser: ExodusPoint Capital Management, LP
• CRD: 294156
• SEC number: 801-112901
• NFA ID: 0511741
• SEC registered investment adviser: Yes
• Commodity pool operator: Yes

Current first-party figures as of July 1, 2026:

• Public AUM: $14.9B
• Headcount: 718

May fit better for

• qualified private-fund investors;
• institutional multi-manager allocators;
• investors seeking liquid fixed-income and equity strategies;
• investors seeking rates, macro and relative-value strategies;
• allocators comfortable with a pass-through expense structure;
• investors able to evaluate performance-based private-fund compensation.

May fit less well for

• ordinary retail investors;
• users seeking one ExodusPoint trading style;
• investors looking for one fixed all-in fee;
• users who treat a $100K employee vehicle as ordinary outside access;
• investors requiring a universal liquidity schedule;
• users who interpret "capital preservation" as principal protection.

Six major strategy groups are current

Current first-party site identifies:

1. Rates;
2. Credit;
3. EM & Macro;
4. Fundamental Equity;
5. Statistical Arbitrage & Systematic;
6. Quantitative/Event Arbitrage.

Rates includes bonds, swaps and futures

Current first-party description focuses on G7 rates markets, including:

• bonds;
• swaps;
• futures;
• yield-curve relative value;
• short-end rates;
• inflation.

Credit is broader than fundamental bond selection

Current credit activity includes:

• fundamental long/short;
• credit indexes and options;
• macro credit;
• new issuance;
• systematic credit.

Fundamental Equity is generally market/sector neutral

Current first-party description:

• Fundamental Equity research driven: Yes
• Fundamental Equity typically market sector neutral: Yes

"Typically" does not mean a contractual zero-beta guarantee.

Statistical Arbitrage & Systematic is multi-asset

Current first-party description:

• Systematic multi asset: Yes
• Mid frequency statistical arbitrage: Yes

Quantitative/Event Arbitrage targets flow and catalyst anomalies

Current examples include:

• index rebalancing;
• IPOs;
• spin-offs;
• share-class arbitrage.

Public AUM is $14.9B; regulatory AUM is $159B

• Public AUM: $14.9B
• Public AUM as of: 2026-07-01
• Regulatory AUM: $159B
• Regulatory AUM as of: 2026-08-19

Core private-fund minimum references are generally $5M

Form ADV filings show:

• ExodusPoint Partners Master minimum: $5M
• ExodusPoint Partners International minimum: $5M
• ExodusPoint Partners Fund minimum: $5M
• Strategy 5 Onshore minimum: $2M
• Management Investors minimum: $100K

The $100K Management Investors vehicle should not be used as evidence that ordinary outside investors can access ExodusPoint at $100K.

Pass-through expenses are a defining economic feature

Current first-party site explicitly describes a cost pass-through structure intended to align management and investors.

Current regulatory profile also identifies:

• Performance based fees possible: Yes
• Other fees possible: Yes
• Pass through reimbursement possible: Yes

ExodusPoint US controls U.S. marketing activity

Current group disclaimer states that the U.S. investment manager is the entity permitted to market/solicit to U.S. persons within the group's stated framework.

Other global ExodusPoint entities can act as subadvisers under local regulation.

Assessment

ExodusPoint is one of the clearer multi-manager platforms to describe because its public site identifies six specific liquid strategy families.

The cost structure is less suited to a single-number review.

The firm publicly describes a pass-through structure, while regulatory disclosures identify performance and other fees.

Without the governing vehicle documents, ROIStreet should leave the universal fee fields undisclosed.

The same discipline applies to access: $5M is a common vehicle reference, not a firmwide universal minimum.