Parker Global Strategies is expanding its footprint to the east and south of its Stamford, Conn., headquarters: Last month, the firm opened offices in Tokyo and São Paulo, Brazil.
Akira Adachi, formerly a representative director at Fortis Prime Fund Solutions, has been named as chief representative for PGS’ new Tokyo office. He will be primarily involved in liaising with the firm’s client base in Japan and reports to Michael Parker, president of the firm.
“Japan has always been an important region for us and we continue to grow our activities there,” said Virginia Parker, PGS founder. “Akira’s presence on the ground will greatly add to our service capabilities.”
The firm’s emerging market expansion in South America will be headed from São Paulo with John Taylor joining as a managing director. Taylor, who founded hedge fund and private equity advisory firm Bossa Nova Investments, will be responsible for identifying emerging managers throughout South America.
“We are very bullish about the growing opportunities in emerging markets,” said Parker. “With a footprint in Brazil, we have an edge in identifying promising investment opportunities and the managers who can execute them.”