Parker Global Hires Former Fortis Director As Director Of Operations

HedgeCo.net -STAMFORD, CT, May 2, 2007  Parker Global Strategies (PGS) today announced that Faye Ryan has joined the firm as Managing Director, Director of Operations.

Ms. Ryan will be responsible for the development and management of the firm operations including overseeing single manager account administration, the collection and processing of daily trade data,overseeing client reporting for PGS’s multi-manager funds, managing the firm’s operational risk, and assisting with operational due diligence for PGS’s current and prospective managers.  Ms.Ryan will also be a member of PGS’s Investment Committee.  She reports to John C. Maxwell III, Chief Operating Officer of the firm.

“Faye brings a high caliber of expertise to her role and her valuable skill sets will be integral to the firm’s continued growth and global expansion,” said Virginia Parker, President and Founder ofParker Global.  “Faye’s considerable experience working with Japanese clients is a great asset for our firm as we continue to expand our Japanese and Asian business.  We have had theopportunity to work with Faye over many years and are delighted to have her join PGS as an important member of our team.”

Ms. Ryan brings 23 years of experience in the financial sector to Parker Global.  Prior to joining the firm, she was Director at Fortis Fund Services (Asia) a division of Fortis Bank. Before that, she was Accounting Manger at Deloitte Touche Tohmatsu.  Ms. Ryan holds a Bachelor of Commerce from University of Melbourne and is a member of The Institute of Chartered Accountantsin Australia.

About Parker Global, LLC:
Parker Global Strategies, LLC (www.parkerglobal.com) provides institutional and high-net-worth clients with customized fund-of-hedge funds, investing acrossa broad spectrum of strategies, markets, and regions.  The Firm is known for its innovative investment solutions, including index linked products, portable alpha, and its comprehensive riskoversight.

                                                                             

Sophie Sophaon l Walek & Associates l Office: 212.590.0522 l Cell: 202.270.4870 l ssophaon@walek.com

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