Paolo Pellegrini is the president of PSQR Management LLC, 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 created the Paulson Credit Opportunities funds, which he co-managed with John Paulson until leaving the firm at the end of 2008. The funds successfully followed a strategy predicting the subprime mortgage collapse after determining that subprime-related securities where ripe for bets against the credit bubble. 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 doctorate in electrical engineering from Milan’s Politecnico and an M.B.A. from Harvard. PSQR was formed in April 2008, originally as a vehicle to manage Mr. Pellegrini’s personal wealth. 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.