Fairfield Greenwich Group Adds Partner and Head of Global Sales, Maria Teresa Pulido

September 26, 2007. Fairfield Greenwich Group (“FGG”), a global alternative asset management firm with over USD $15 billion assets under management, today announced that it has added a senior professional to its team at the hedge fund specialist's Madrid representative office. Maria Teresa Pulido will join as a Partner and Head of Global Sales. She will have responsibility for managing FGG´s global sales force and for developing new markets to enhance FGG´s overall business development. FGG Founding Partner Andrés Piedrahita commented: “As our business continues to grow – thus far during 2007 we have added approximately USD $2.5 billion in assets and more than 15 people to our staff – we believed that it was critical to hire a proven professional of Maria Teresa´s caliber to lead and manage what is now one of the largest dedicated hedge fund marketing teams in the world, a group of over 20 professionals. With Madrid as her base, she will travel and regularly interact with her team in our New York and London offices, as well as at FGG´s other representative offices worldwide. We have high confidence that Maria Teresa will contribute a great deal to FGG´s ongoing business development, as we seek new market opportunities, and continue to expand and improve our enterprise. Our investors may be assured that FGG will continue to add personnel and resources when and where we believe they will best serve our shared interests.” Ms. Pulido has over 17 years of experience in private banking, investment banking, and management consulting. Prior to joining FGG, from 2003 to 2007, she was Managing Director and Global Market Manager at Citi Private Bank with management responsibilities for the Iberia and Northern European regions. Ms. Pulido was instrumental in creating a team that is recognized in the market, increasing Citi´s business exponentially in Iberia, and creating a strong partnership with Citi´s Investment Bank, which resulted in substantial business growth. Prior to Citi, from 2000 to 2003, Ms. Pulido focused on developing the Global Wealth Management group for Deutsche Bank Global Private Banking in Europe and managing the integration of Bankers Trust with Deutsche Bank. From 1996 to 2000, she managed the New York sales force and supported the business strategy for the U.S. business at Banker's Trust and later at Deutsche Bank Group. Before her experience in wealth management, Ms. Pulido worked from 1994 to 1996 in investment banking at James D. Wolfensohn Inc. and in management consulting at McKinsey & Company from 1989 to 1994, working on various strategy and operational performance projects in the U.S. and in Venezuela.

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Ms. Pulido received her M.B.A., Magna Cum Laude, from MIT Sloan School of Management in 1989 and her Bachelor of Arts in Economics, Cum-Laude, from Columbia University in 1988. She is a member of the Dean’s Advisory Council of the MIT Sloan School of Management. Ms. Pulido also has strong interests in philanthropic efforts and is a Board Member of the Mendoza Foundation in Venezuela.

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About Fairfield Greenwich Group

Founded in 1983, Fairfield Greenwich Group (“FGG”) is a leading alternative asset investment specialist. FGG’s mission is to offer our clients superior hedge funds and related products with a high level of client service and support. Throughout its history, the firm has internally managed its own hedge funds and selectively identified external managers for a limited number of close relationships. FGG offers a variety of single manager, multi-strategy, fund-of-funds, and other investment vehicles to meet most alternative investors’ needs. As of August 2007, FGG has over USD $15 billion in client and firm assets under management. It is an employee-owned firm with over 110 employees, 17 of whom are shareholders, and has offices in New York, London, and Bermuda, and representative offices elsewhere in the U.S., Europe, Latin America, and Asia, and a joint venture in Singapore. Fairfield Greenwich Group is the marketing name for the brokerage and investment advisory businesses of Fairfield Greenwich Limited and its subsidiaries worldwide. Please visit www.FGGUS.com for more information.

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Media Contact: Andrew Ludwig, Director of Communications Fairfield Greenwich Group 55 East 52nd Street -- 33rd Floor New York, NY 10055 (212) 319-6060 Tel (212) 319-0450 Fax Communications@fggus.com