HedgeStart, the London-based alternative investment consulting firm that recently announced a senior appointment, is partnering with Financial Recovery Technologies to use the latter’s class-action lawsuits service.

A claim filing service is a company that help businesses and consumers to prepare and file claims in class action settlements. FRT will work with HedgeStart’s clients with filing, processing and monitoring claims for settled class action lawsuits either for their customers or themselves. HedgeStart provides consulting and other outsourced services to operations such as hedge funds, long-only managers, wealth managers and institutional investors.

“The class action recovery market is a relatively new concept in the UK but we believe that demand for this type of service is growing. This agreement with FRT will therefore be of significant interest to our clients,” Matthew Wilson, managing partner at HedgeStart, said.

FRT is based in Boston, US.

To view the recent appointment at HedgeStart, as reported in this publication, click here.