ExodusPoint 2025

Currently in PE looking to move into public equities. I was recently approached by a recruiter hiring a couple analysts for a new PM that covers my sector. 

Saw they hired a new head of equities last year and have been told they're shifting away from credit to focus more on L/S equities. Realize that performance has been lagging despite their fanfare-filled launch and have a friend who used to work there that said he probably wouldn't move back given the option (he was not L/S equities). 

Can anyone share some insights as to how they're seen today/if it's still a good place to start given the new leadership or if I'm better off looking elsewhere? 

12 Comments
 

whats the best word - xp has a history of blowing equity pods / units out 
 

i have always thought of it as  fixed income / credit / macro heavy place vs mlp /citadel / p72 which are bigger in equities 

in 2022 they blew out their westwind unit which was lik their answer to ashler etc 

so i would ask out how the firm is commited to the business / ask about the westwind unit / ask the pm you are interviewing with their plans etc 

 

Bump. Want to know latest on their equities unit (particularly compared to the other MMs). Seems like performance is improving?

 

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