Adair Capital was founded in 2000 by Paolo Alimonti and Pierre Durand.

Paolo Alimonti is the co-founder, Vice President and Managing Director of Adair Capital. He is ultimately responsible for investment decisions, risk management and quantitative analysis. Prior to founding Adair Capital, Mr. Alimonti worked at Emcor, a privately-held risk management and advisory firm, from 1991 until March 2000. Mr. Alimonti worked at Bankers Trust Company in New York from 1985 to 1991 in the Corporate Finance and Emerging Markets departments. Mr. Alimonti received a Master in Economics from the Universit� Catholique de Louvain, Belgium in 1983, and a Master of Business Administration from the Graduate School of Business at the University of Chicago in 1984.

Pierre Durand is the co-founder, President and Managing Director of Adair Capital. He is ultimately responsible for investment decisions, risk management and quantitative analysis. Mr. Durand has spent the last 20 years of his professional life involved in multiple aspects of the financial markets. Most recently he was a Managing Member of OneWorld Investments LLC, an asset management firm dedicated to the Emerging Markets. Mr. Durand was a partner at Bankers Trust Company and a principal at Donaldson, Lufkin & Jenrette. He received his M.B.A. from Columbia University in 1980 and his B.S. degree in Operations Research from Cornell University in 1978.