Multi-strategy hedge fund ExodusPoint Capital Management has parted ways with London-based macro portfolio manager Mirco Bulega, according to a report by eFinancial Careers citing unnamed market sources familiar with the matter.

Bulega, who joined the firm in 2022, is understood to have left the hedge fund after nearly four years. While neither ExodusPoint nor Bulega reportedly commented on the move, industry sources indicate that he is expected to pursue a new opportunity and may already have plans in place for his next role.

Prior to joining ExodusPoint, Bulega held macro-focused investment positions at Alphadyne Asset Management and worked as a European economist at Credit Suisse.

During his tenure at ExodusPoint, Bulega built out his investment team, recruiting several professionals from major investment banks. Among those hires were Jacques Mouawad from Morgan Stanley and Vittorio Martino from Deutsche Bank. Sources suggest those team members remain at the firm.

The departure follows a period of market turbulence earlier this year. Bulega is understood to have recorded a modest loss during the volatility experienced in March, after generating positive performance over previous years. However, sources indicate that discussions surrounding his exit predated the market disruption.