NEW YORK (HedgeWorld.com)–Para Advisors' new chief operating officer, John Pagli, is focusing on new products as he spearheads the hedge fund shop's expansion.
Mr. Pagli, who joined Para two months ago in the newly created position, said the event-driven manager was "looking at new products and areas, like structured products that will position us for strategic growth that will help us meet our achieve our growth-related goals."
The hedge fund management veteran says his past experience in the industry will provide him a strong base to draw upon for his efforts at Para. Previously, Mr. Pagli was managing director for North American business development at New York-based Alpha Investment Management, and he had spent nearly seven years as head of business development and partner at Forest Investment Management, also in New York.
