1. A computer implemented method for managing memory paging operations, the computer implemented method comprising: responsive to a request to page out a memory page from a shared memory pool identifying whether a physical space within one of a number of paging space devices has been allocated for the memory page; responsive to determining that the physical space within the paging space device has not been allocated for the memory page, identifying a page priority indicator for the memory page; responsive to identifying a page priority indicator for the memory page, allocating the memory page to one of a number of memory pools within one of the number of paging space devices, wherein the memory page is allocated to the one of the number of memory pools according to the page priority indicator of the memory page; and responsive to allocating the memory page to one of a number of memory pools within one of the number of paging space devices, writing the memory page to the one of the number of memory pools.