From Bloomberg. Read more here: By Saijel Kishan and Yalman Onaran May 21, 2018, 8:55 AM EDT Updated on May 21, 2018, 10:48 AM EDT Michael Gelband spent much of his career playing second fiddle to Wall Street chieftains. Now he’s stepping to the fore with the biggest hedge fund startup ever. His firm is expected to start next month with $8 billion, according to people with knowledge of the matter. In the uneasy atmosphere of hedge funds, it’s a staggering amount.