Spencer H. Parker

Mr. Spencer H.
Parker is Partner, Portfolio Manager & Co-Chief Investment Officer at Tolis Advisors LP.
Prior to joining Tolis in November 2009, Mr. Parker was the Head of U.S.
Structured Credit at BNP Paribas Fortis, and before the acquisition of Fortis Bank by BNP Paribas, held a similar position at Fortis Bank.
He joined Fortis Bank in 2005 to lead CDO Structuring and was later assigned responsibility for managing and hedging the firm’s North American structured credit cash and derivatives portfolio.
In that role he focused on ways to reduce risk on legacy assets through opportunistic sales and efficient short selling via CDS.
Previously, he worked for five years at Société Générale where he headed U.S.
CDO Structuring.
While at Société Générale he managed a distressed CDO proprietary investment and trading portfolio to capitalize on the disruption of the corporate collateralized structured credit markets in 2003 and 2004.
He developed the investment methodology and analytical models for the strategy.
The portfolio was profitably liquidated by the end of 2004, as market conditions normalized and he transitioned back to structuring primary issue CDOs.
He began his career at Bear, Stearns & Co. in 1997 as a reverse engineer within the firm’s Financial Analytics and Structured Transactions Department.
He was responsible for modeling Agency CMOs, non-Agency RMBS, Re-REMICs, and other mortgage related assets.
In 1998, he transitioned to structuring CDOs until leaving Bear Stearns in 2001.
He received an A.B. in Biology from Harvard University.