Paolo Pellegrini is the President of PSQR Capital, a macro hedge fund manager pursuing global investment opportunities ranging from commodities and debt to equities and currencies.
Prior to founding PSQR, Mr. Pellegrini was a managing director at Paulson & Co, where he began researching what he perceived to be a major credit bubble in 2005, ultimately identifying the upcoming subprime collapse and helping to develop the Paulson Credit Opportunities funds. Mr. Pellegrini co-managed the funds until he left Paulson at the end of 2008. PSQR was formed in April 2008, originally as a vehicle to manage Mr. Pellegrini’s personal wealth.
Mr. Pellegrini’s earlier career includes work as a credit derivatives analyst at Mariner Investment Group and a decade as an investment banker with Lazard Freres & Co. where he focused on financial institutions. He holds a degree in electrical engineering from Milan’s Politecnico and an MBA from Harvard. He is also president and a trustee of the Tony Blair Africa Governance Initiative-US, supporting projects in Sierra Leone and Rwanda, and an international advisory board member of Friends of FAI, the Italian Environment Foundation.