October 25, 2016 12:09 PM ET

Capital Markets

Company Overview of Gramercy Funds Management LLC

Company Overview

Gramercy Funds Management LLC is an employee owned hedge fund sponsor. It provides its services to pooled investment vehicles, pension plans, foundations, public retirement funds, endowments, high net worth investors, pooled investment funds, other investment advisors and corporations. The firm manages separate client-focused portfolios. It also manages hedge funds for its clients. The firm invests in public equity, fixed income, and alternative investment markets across the globe primarily in emerging countries. For its debt investments it employs long-only debt strategy. For its equity investments, the firm employs a long only equity strategy. For its alternative investments, it invests in...

20 Dayton Avenue

Greenwich, CT 06830

United States

Founded in 1998



Key Executives for Gramercy Funds Management LLC

Chief Investment Officer and Managing Partner
Managing Director and Chief Financial Officer
Partner and Chief Operating Officer
Managing Director and Chief Technology Officer
Partner, Chief Compliance Officer, and Head of Operations
Compensation as of Fiscal Year 2016.

Gramercy Funds Management LLC Key Developments

Gramercy Funds Management LLC Names Chris Tackney as Managing Director and Co-Head of the Gramercy Trading Desk

Gramercy Funds Management LLC announced that Chris Tackney has joined the firm as Managing Director and Co-Head of the Gramercy trading desk. Mr. Tackney has over 20 years of trading and portfolio management experience in emerging markets and will Co-Head the trading desk with Matt Maloney, Managing Director. In this new role, Mr. Tackney, along with Mr. Maloney, will manage a dynamic trading desk that encompasses performing and distressed corporates, sovereigns, equities, credit default swaps and currency hedges. He will also serve as a member of the Investment Committee. Prior to joining Gramercy, Mr. Tackney was Managing Director, Head of Trading at Greylock Capital. Before Greylock, Mr. Tackney was Senior Portfolio Manager for emerging market corporate bonds at Schroder Investment Management with responsibility for global EM corporate investments.

Czech Government Considering Options For OKD

The Czech government is considering taking over OKD, a.s., the production subsidiary of New World Resources Plc (LSE:NWR), as an option to prevent the company's collapse, ministers said. Principal creditors and owners of NWR have asked the state to help to restructure the mining group. But the government has been reluctant to provide aid to OKD whose previous owners paid out dividends, leveraged it and split off non-core assets. But it also fears that if the mining group collapses this could hurt the economy. "It would be ideal for OKD to continue operating without problems, laying off minimum number of miners and for the current owners and creditors to leave," Finance Minister Andrej Babis told reporters after a cabinet meeting that discussed the situation. He said owners could "hand over" OKD and creditors sell their debt for "minimum" amount. Other options ranged from insolvency to some form of debt reduction, he said. Industry Minister Jan Mladek said he had offered the firm's main owners and creditors, known as AHG, to sell the firm and its debt at a meeting with AHG last week, but AHG declined to quote a price it would seek. AHG includes Ashmore Investment Management Limited, Gramercy Funds Management LLC and M&G Investment Management Limited. An AHG spokesman had no response to the ministers' statements.

Gramercy Funds Management LLC Presents at Debtwire Emerging Markets Investors Summit 2015, Dec-08-2015

Gramercy Funds Management LLC Presents at Debtwire Emerging Markets Investors Summit 2015, Dec-08-2015. Venue: New York, United States. Presentation Date & Speakers: Dec-08-2015, Robert Lawrence Rauch, Partner, Emerging Markets Distressed Portfolio Manager, Member of Investment Committee, and Member of Asset Allocation Committee.

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