Stockade, Teak Founder Joins Standard Chartered

Mar 2 2010 | 3:19am ET

Hedge fund veteran Paul Absalom has joined Standard Chartered to lead its investor sales effort in Singapore.

Absalom joins the British-based bank after two years at the helm of Stockade Asset Management, the pan-Asia fund of hedge funds firm he founded in 2008. He is also the co-founder of Teak Capital Partners and worked for six years as head of hedge fund and central bank sales at HSBC in Hong Kong.

“Paul has a proven track record in the finance industry, having built the client business for several financial institutions and developed strong relationships with the clients he worked with,” Adrian Walkling, global head of financial institutions sales at Standard Chartered, said. “His wealth of experience in the hedge fund and asset management arena will be a major asset to the team and help strengthen our core capabilities to better serve our clients.”

At Standard Chartered, Absalom will oversee global accounts in Asia for Singapore-covered clients.

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