Northpoint hires COO in Singapore

Ex-Bermuda marketer Steiness has joined the Singapore-based, Korea-focused hedge fund.

Jesper Steiness has joined Northpoint Investment Partners in Singapore as senior partner where he will serve as COO and head of client service and marketing. He comes from Bank of Bermuda in Hong Kong, where he had been drumming up fund administration business, but left in the wake of HSBC's acquisition of the firm.

A lot of his time with Bermuda had been spent in South Korea, and hedge fund start-up Northpoint was one of the clients he brought into Bermuda's fold. Its managing director, Nam-Ki Hong, contacted Steiness when he learned he had left Bermuda to explore the possibility of a role at Northpoint.

Although...

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