This acquisition by North Street is its second such transaction in the last 12 months and additionally expanded the firm geographically to the west coast. North Street will keep Hedge Solutions’ staffed Los Angeles office on Wilshire Blvd. and has retained former Hedge Solutions President, Scott Cohen, as Managing Director; Head of West Coast operations. Mr. Cohen, prior to founding Hedge Solutions in 2005, worked at Rothstein Kass and Ernst & Young LLP and has successfully guided the launch of over 50 funds during his 17 year career.
Mr. Cohen will be based out of the company’s west coast office and will report to Dean Betzios, North Street’s fund services Global Head of Sales.
“We are excited by the new additions to our existing alternative investment business and look forward to carrying our growth momentum through the remainder of the year,” said Mr. Betzios.
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