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Ovata Capital to wind down as founder and staff join ExodusPoint
Key takeaways
- Ovata Capital to wind down as founder and staff join Exodus Point Chen is due to join Exodus Point in the third quarter as head of equities for the region.
- The move marks a broader push by the $14.5bn US multistrategy firm into Asian equities trading.
- The person said Chen is due to join ExodusPoint in the third quarter as head of equities for the region.
Ovata Capital to wind down as founder and staff join Exodus Point Chen is due to join Exodus Point in the third quarter as head of equities for the region. Credit: Tinnakorn jorruang/ Shutterstock.com. · Private Banker International · Tinnakorn jorruang/ Shutterstock.com. Vidhya Edwards Munnangi Wed, June 24, 2026 at 6:59 PM GMT+7 2 min read Hong Kong-based hedge fund Ovata Capital Management is set to cease operations as founder James Chen and most of the firm’s staff move to Exodus Point Capital Management, reported Bloomberg.
The move marks a broader push by the $14.5bn US multistrategy firm into Asian equities trading.
The person said Chen is due to join ExodusPoint in the third quarter as head of equities for the region.
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