Gramercy Funds Management

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Gramercy Funds Management
Company typePrivate
IndustryInvestment Manager
Founded1998 [1]
HeadquartersGreenwich, CT 06830
Key people
Robert Koenigsberger (Managing Partner, CIO)[2]
Scott Seaman (COO)[2]
Mohamed El-Erian (Chair)[3]
Tom Humphrey (President)[2]
AUMUS$ 6 billion (2024)[4]
Number of employees
61 (2024)[5]
Websitehttp://www.gramercy.com

Gramercy Funds Management is an investment manager dedicated to emerging markets.[1][6] The company’s strategies include multi-asset, private credit, public credit, and special situations.

History[edit]

Gramercy was founded in 1998 by Robert Koenigsberger, Managing Partner and Chief Investment Officer.[2][7] The firm is headquartered in Greenwich, Connecticut with additional offices in London, Buenos Aires, Mexico City.[8]

Investment strategy[edit]

Since its establishment in 1998, Gramercy has transitioned from a boutique emerging markets debt firm to become a diversified investment adviser. As of July 2023, the company had multiple hedge funds, separately managed accounts, long-only emerging markets debt, alternative credit, special situations, capital lending/private credit in emerging markets and a multi-asset fund.[7]

Gramercy’s private assets strategies include private credit solutions, which lends globally and operates dedicated lending platforms in Mexico, Turkey, Peru, Brazil, Colombia, pan-Africa, and special situations.[9] In September 2023, Gramercy Funds provided $552.5m in litigation funding to law firm Pogust Goodhead. It was the largest secured loan ever provided to a UK law firm in the litigation funding market.[10]

References[edit]

  1. ^ a b "Gramercy Adds to Latin America Private Equity Investment Team". peHUB. February 14, 2013.
  2. ^ a b c d Ghosh, Palash (2 March 2023). "Gramercy Funds Management names first president". Retrieved 22 May 2024.
  3. ^ Rhodes, Fenella; Mitra, Tania (3 April 2024). "Fund Files: El-Erian's Gramercy launches new EM fund, Northern Trust poaches fixed income CIO". citywire.com. Retrieved 22 May 2024.
  4. ^ Ann Francia, Caryl (19 March 2024). "Gramercy Funds Management appoints head of international capital markets". Retrieved 22 May 2024.
  5. ^ "2024 Form ADV" (PDF). SEC. Retrieved 22 May 2024.
  6. ^ "Gramercy Funds Management LLC". NASDAQ. March 31, 2014.
  7. ^ a b Arvedlund, Erin (17 July 2023). "Gramercy founder sees more dislocations, volatility". Retrieved 22 May 2024.
  8. ^ Ghosh, Palash (2 March 2023). "Gramercy Funds Management names first president". Retrieved 22 May 2024.
  9. ^ "Kudu Investment picks minority stake in emerging markets investment firm". Private Banker International. 10 June 2022. Retrieved 22 May 2024.
  10. ^ Masters, Brooke (30 September 2023). "US hedge fund provides record loan for environmental lawsuits". www.ft.com. Retrieved 22 May 2024.

External links[edit]