Garrett Berg has taken on the role of chief operating officer at hedge fund ExodusPoint Capital Management in addition to his role as president.
Berg took over the responsibilities from Enrico Corsalini, according to a Jan. 19 Form ADV filing with the Securities and Exchange Commission.
Corsalini left his role in January and is now consulting for ExodusPoint, according to a source familiar with the matter.
Corsalini joined ExodusPoint, a multistrategy manager, when it launched and served as chief operating officer. He had previously been the global head of business management of fixed income for Millennium Management.
A spokesperson for ExodusPoint declined to comment. Corsalini could not be immediately reached for further details.
Berg also joined ExodusPoint when it launched and previously served as head of marketing and business development.
ExodusPoint was founded in 2017 by Michael Gelband and Hyung Lee and was the largest hedge fund launch in 2018.
ExodusPoint had about $12 billion in assets under management as of Jan. 1, according to the firm's website.
