FRED HALLSWORTH, FOUNDER AND SENIOR PARTNER,
THE HALLSWORTH PARTNERSHIP

Professional Services – 1988-98

Fred HallsworthFred Hallsworth has held a number of senior management positions in the Professional Services sector including Head of Corporate Finance, Head of Audit and Managing Partner of Andersen Cambridge, Managing Partner of Andersen Scotland, and latterly Senior Client Service Partner and Head of TMC for Deloitte Scotland.

He set up the Andersen Cambridge Corporate Finance Practice in 1988, having transferred there from Andersen’s Glasgow office. During the subsequent 10 years, he established Andersen as the leading firm of advisers to Cambridge Technology and Life Sciences companies. He was a key driver in the formation of The Cambridge Network in 1995, and is one of its original six co-founders. During this period, as Honorary Treasurer of The Cambridge Foundation, he helped the University’s private fundraising achieve record results, including the much-publicised benefactions from Microsoft and the William Gates Foundation.

Professional Services – 1998-2005

He returned to his native Glasgow in 1998 as Managing Partner of Andersen Scotland. Under his leadership, the practice achieved record growth until, in 2002, Andersen UK went in to voluntary dissolution as a result of the indictment of Andersen’s US practice. Together with a number of his partners and the majority of his people, he joined Deloitte Scotland on 1st August 2002 as part of Deloitte’s transaction with Andersen UK.

Non-Executive Director Services – 2005 onwards

Having completed the integration of Andersen’s people and clients, he left Deloitte in January 2005 when he founded The Hallsworth Partnership, and began his new career as a non-executive director and consultant specialising in TMC and Life Sciences companies. His role tends to be a blend of corporate finance advisory, commercial advisory and, for pre IPO or public companies, corporate governance. He is qualified to chair audit committees and sit on Sarbanes-Oxley compliant US audit committees.

Social Responsibility

Fred also has a keen interest in social responsibility. He has been actively involved in assisting Emmaus, a global homeless charity, and the Prince and Princess of Wales Hospice Glasgow (“PPWH”). With Emmaus, he helped Terry Waite, CBE and Emmaus UK President, establish and expand the Emmaus Community in Cambridge. This was Emmaus’ first UK community for the homeless. There are now 11 UK communities and communities in over 50 countries worldwide. More recently, .was actively involved in fundraising for the new Emmaus Glasgow Community where he chaired the Emmaus Corporate Companions. With PPWH, he chaired the 21st Anniversary Appeal Committee in 2004. Under his leadership, the Appeal exceeded its target of £2.1m, the largest annual total ever raised by the hospice. Fred and Nikki are Platinum Members of Scottish Opera’s Alexander Gibson Circle”

Sport

Fred is also a keen sportsman. The more active sports of squash and tennis, and related gym training, are slowly making way for his new-found enthusiasm for golf. In his school days, he was a county schools badminton player, British Junior Archery Champion, and an internationalist with the Scottish Archery Team. He is also a qualified Day Skipper, although the boat was recently sold due to conflict with golf.

Family

He is married to Nikki. He has three children by his first marriage – Damien (1980), Mark (1983) and Amelia (1993), and two stepdaughters – Emily (1985) and Victoria (1987). Nikki and Fred have three dogs – Paddington (Bulldog), Polar (Westie) and Teddy (Scottie).

Corporate Board Appointments – Current

2004 - Scottish Enterprise Non-Executive Board Member, Audit Committee Chairman (from 2007)
2006 - Point 35 Microstructures Non-Executive Board Member
2006 - Elonics Non-Executive Board Member
2006 - Microvisk Technologies Vice Chairman
2007 - Forth Dimension Displays Non-Executive Chairman
2007 - CMA Scotland Non-Executive Director, Audit Committee Chairman
2009 - Golden Charter Non-Executive Director
2010 - Metaforic Non-Executive Director

Corporate Board Appointments – Former

2005 - 2007 Infinite Data Storage plc Non-Executive Chairman
2005 - 2007 3Way Networks Non-Executive Board Member
2005 - 2007 Innovata plc Non-Executive Board Member, Senior Independent Director, Audit Committee Chairman
2007 - 2009 AT Communications plc Non-Executive Director, Audit Committee Chairman

Other Appointments – Current

2008 Lane, Clark & Peacock Member, EURI Advisory Board
2009 Scottish Enterprise Investments Member Advisory Board
2009 Scottish Deals & Dealmakers Awards Member Judging Panel
2009 Scottish PLC Awards Member Judging Panel

Other Appointments – Former

1999 - 2004 Council Member, CBI Scotland
1994 - 1998 Council Member, CBI Eastern England
1996 - 2002 Board Member and Co-founder, The Cambridge Network
1996 - 2002 Honorary Treasurer and Trustee, The Cambridge Foundation
1996 - 1998 Board Member, University of Cambridge Finance Committee, as well as sitting on a number of university sub-committees
1999 - 2006 Chairman, Corporate Companions, Emmaus Glasgow
1999 - 2006 Board Member, Scottish Institute for Enterprise
2004 Chairman, 21st Anniversary Appeal, Prince and Princess of Wales Hospice, Glasgow
2005 - 2008 Non-Executive Chairman, The Kelvin Institute

Professional Services – Deloitte

2002-2005 Senior Client Service Partner, Head of TMC Practice, Scotland

Professional Services – Andersen

1998-2002 Managing Partner, Scotland
1999-2002 Member, UK Partnership Council
1995-1998 Managing Partner, Cambridge
1988-1995 Head of Corporate Finance, Cambridge
1994-1998 Head of Audit, Cambridge

Academic

1974-1977 Institute of Chartered Accountants in Scotland- Qualified CA
1970-1974 Glasgow University- graduated B.Acc