Medley Global Advisors Adds to Strategist and Emerging Markets Teams

Medley Global Advisors Adds to Strategist and Emerging Markets Teams

May 09, 2007

    NEW YORK, May 9 /Xinhua-PRNewswire/ -- Medley Global
Advisors, LLC (MGA), the leading independent provider of
policy intelligence to hedge funds, asset managers,
investment banks, and governments, announced today that it
has hired Michael Schetzel as a Strategist for its Client
Team and Gustavo Rangel as a Latin America Analyst in its
Emerging Markets Group.

    ( Logo: 
http://www.newscom.com/cgi-bin/prnh/20070508/NYTU143LOGO )
 
    Michael Schetzel was a Strategist for the Connecticut
based global macro hedge fund Bridgewater Associates prior
to joining MGA. Before that he worked for nine years at the
Federal Reserve Bank of New York, where he was Chief Dealer
of the Foreign Exchange and Investment Desk, as well as
Responsibility Manager for Permanent Open Market Operations
and Trader/Analyst in the Government Securities Staff of the
Markets Division. He also worked at the Bank of England as a
Portfolio Manager of dollar and yen denominated fixed income
portfolios as well as Analysis Team Manager in the BOE's
Foreign Exchange Division. He holds a Masters in
International Affairs, Banking and Finance from the
Columbia University School of International and Public
Affairs, as well as degrees from the University of Maryland
and the University of London.

    Gustavo Rangel joined MGA from Barclays Capital's
Emerging Markets Research group, where he provided research
and analysis of central banks, fiscal policy, and domestic
politics of the Latin America region, including Brazil,
Argentina, Chile, Ecuador, Peru, Colombia, Mexico and
Panama. Before that he was an Equity Analyst at Banco
Boreal in Brazil. He holds a Doctorate in Economics from
the University of Illinois at Champaign-Urbana and a BA in
economics from the Catholic University of Rio de Janeiro.

    "Both candidates bring a powerful understanding in
their respective areas of the interplay between the policy
world and the financial markets that is so critical to our
firm and to our clients," said Sassan Ghahramani,
MGA's Chief Executive Officer. 

    "Michael will be able to draw on his experience at
the Federal Reserve and at Bridgewater, one of the largest
global hedge funds, to connect the dots between monetary
policy developments and potential investment strategies for
clients. Gustavo will be able to draw on his experience as
Latin America analyst to identify and handicap the major
economic and political developments in the region that
clients need to be watching out for. We are very excited to
have both of them on our team." 
  
    About MGA

    MGA analyzes primary sourced and public input from
policymakers and applies it to industry and financial
markets to help clients and policymakers anticipate key
macro and regulatory events that affect them. MGA provides
services covering select G7/OECD fixed income and currency
markets, emerging markets, telecoms, utilities, and energy
markets. It was founded in 1997 and is headquartered in New
York City, with offices in Washington DC, London, and
Tokyo.

    For more information on MGA, visit
http://www.medleyadvisors.com . To contact the firm, e-mail
[e-mail] or call Launa Myrie at 212 219
9096.


    For more information, please contact:

     Launa Myrie
     Medley Global Advisors, LLC
     Tel:   [phone]
     Email: [e-mail]