1st Global EVP Mike Pagano Elected to Institute for Portfolio Alternatives Board of Directors

1st Global’s Mike Pagano, executive vice president of compliance, licensing and risk assessment, has been elected to the Institute for Portfolio Alternatives (IPA) Board of Directors. He joins senior executives from across the portfolio diversifying investments (PDI) industry.

“The IPA community is blessed to have a high-impact board, laser-focused and engaged. Together, they offer their time and talent to help advance industry initiatives, while continuing to ensure that the IPA is a strong and effective advocate for PDIs,” said Anthony Chereso, president and chief executive officer of the IPA, in a press release.   

“I feel full engagement is the only way to effectuate change, and I am thankful to the IPA for giving me this opportunity,” said Pagano. “As a person committed to the appropriate use of portfolio diversifying investments, I believe it is the role of the industry itself to ensure our products focus on delivering on their promises to the retail investor.”

Read the press release.

About Institute for Portfolio Alternatives

The Institute for Portfolio Alternatives seeks to raise awareness of PDI products among stakeholders and market participants, including: investment advisors, public policymakers and the investing public. It supports increased access to investment strategies with low correlation to the equity markets: lifecycle real estate investment trusts (Lifecycle REITs), net asset value REITs (NAV REITs), business development companies (BDCs), interval funds and direct participation programs (DPPs). Through advocacy and industry-leading education, the IPA is committed to ensuring all investors have access to real assets and the opportunity to effectively balance their investment portfolios.