Gramercy Snags JP Morgan Vets To Run New Emerging Markets Debt Strategies

Jun 29 2010 | 9:47am ET

Emerging markets investment management firm Gramercy has added two former JP Morgan executives its ranks in preparation for the upcoming launch of three new debt strategies.

Jeffrey Grills and Gunter Heiland join Gramercy from JP Morgan Asset Management where they served as portfolio managers and co-heads of the emerging markets debt group where assets under management peaked at $12 billion under their leadership.

On July 1, the new team will launch three emerging markets debt strategies: emerging markets U.S. dollar sovereign debt, emerging markets local currency sovereign debt, and emerging markets corporate debt. Grills and Heiland will work closely with Robert Rauch, a partner at and head of research at Gramercy, to co-manage the emerging markets corporate debt strategy.

"Gramercy now has a significant presence in the performing sovereign and corporate debt markets that complements our current capabilities in the distressed debt areas of emerging markets, where we have been the market leader for over 12 years," said Robert Koenigsberger, founder and chief investment officer of Greenwich, Conn.-based Gramercy. "We are uniquely positioned to enable our clients to seamlessly asset allocate across all emerging markets debt, spanning performing and distressed credits.”

“Investor demand for emerging markets debt exposure continues to grow given this market’s $2 trillion size, broad diversity of credit issuers, geographies and currencies, and a return profile that produced better results with significantly less volatility than other markets over the past decade,” said Heiland.  “We know investors will benefit from Gramercy’s ability to access multiple segments of emerging markets investments via a single platform.” 

Gramercy was founded in 1998 and now manages over $2.6 billion in a number of emerging markets investment strategies—both alternative and long-only. The firm has 62 employees, 31 of whom are dedicated investment professionals.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note