Svein Floden joined Insight Investment as head of business development for liquid alternatives in the Americas, a spokeswoman said.
The position is new. Mr. Floden started at the end of May, reporting to Philip Anker, global head of distribution at Insight.
Mr. Floden is responsible for developing products and implementing a distribution plan for the firm's liquid alternatives, total-return and absolute-return products across the Americas.
Mr. Floden was previously head of hedge fund sales and marketing for wealth management Americas, and director of institutional alternatives distribution for Latin America at Deutsche Asset & Wealth Management, according to a news release from Insight. Spokesmen for parent Deutsche Bank and DeAWM could not be reached for comment by press time.
“We have been developing our investment offering to meet the increasingly global demands of our institutional and wholesale clients,” Mr. Anker said in the news release. “(Mr. Floden's) wide-ranging experience in building and expanding hedge fund platforms and in distributing alternative investment products in this region will enable him to play a broad and strategic role in the development of Insight in the Americas.”