Dan Loeb, founder and CEO of Third Point Reinsurance. (Reuters/Phil McCarten)

(Bloomberg) — Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, N.J., as the location for a new U.S. subsidiary.

Shane Haverstick, senior vice president of operations, said he’s moving to the new office from Bermuda with Tony Urban, an executive vice president of underwriting. The property is at 51 John F. Kennedy Parkway, where David Tepper’s hedge-fund firm Appaloosa Management occupies space on a separate floor, according to regulatory filings.

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