Gramercy was founded in 1998 by Robert Koenigsberger, Managing Partner and Chief Investment Officer, to exploit distressed investment opportunities in emerging markets.
Gramercy has historically been known as an emerging markets distressed debt specialist, however, as the asset class evolved, so too has our firm. In the infancy of the asset class, emerging markets consisted almost entirely of defaulted debt. Today, the range of investment instruments in emerging markets has expanded to mirror that of developed markets. In response to this evolution, Gramercy has thoughtfully and deliberately expanded our investment capabilities. We offer a wide range of investment solutions across emerging markets.
Gramercy’s experience predates our founding by over ten years. Many of our investment professionals have been active investors in emerging markets for their entire careers, which has provided them with a thorough understanding of the complexities of the asset class. Due to the multi-asset collaborative effort of our Investment Committee, the firm is afforded a unique perspective of the market.
Our extensive emerging markets experience, particularly within the distressed arena, has allowed us to develop deep local relationships in emerging markets countries. In addition to these relationships, our dedicated research team, one of the largest dedicated EM credit research teams in the industry, is able to provide our portfolio managers with the knowledge, confidence and ability to make sound decisions.