HedgeStart was founded in 2000 to offer project-based consultancy services to investment managers.
For investment companies to succeed, they must not only demonstrate good performance, but also have effective corporate structures with robust and scalable operations. For start up ventures this can be difficult to achieve, which presented founder Matthew Wilson with his initial opportunity. To fulfil this niche, HedgeStart’s strategy has been to build a broad-based but specialist outsourced consulting business, attracting experts from complementary disciplines, offering services to cover essential but non-core functions.
Matthew was joined by Rob Edwards (Corporate Tax) in 2001. They gradually added to the number of partners and range of services, IT under Andrew Cleaver in 2002, FCA compliance under Andy Wood in 2004 (applications for authorisation, regulatory compliance monitoring) and we strengthened Private Client Tax in 2008, now under Laurence Parry. Adrian Johnson joined in 2011 to manage the Accounting and Payroll function. Richard Jobling has been responsible for Business Development since 2009.
HedgeStart made the strategic decision in June 2013 to enter into partnership with Commensus (www.commensus.com) to provide outsourced IT and cloud computing services both to HedgeStart and to our clients. This involved transferring our existing IT and Communications business and client-facing IT staff to Commensus.
In all other areas of the business the teams managed by the partners have grown steadily in parallel with the expansion of the client base.
HedgeStart has become a well respected consultant and outsource partner, serving a wide range of both start-up and established investment businesses and is now around 40 people strong, based in purpose designed offices in Haymarket, central London.