North Street Global Fund Services, an alternative asset administrator, announced today that it has closed on its acquisition of Los Angeles based hedge fund administrator Hedge Solutions, Inc.
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 and has retained former Hedge Solutions President, Scott Cohen, as Managing Director; Head of West Coast operations.
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. He 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.
