Gramercy Opens London Office, Hires Doug Krehbiel

Nov 30 2010 | 10:22am ET

Connecticut-based emerging markets investment manager Gramercy has opened a London office and appointed Doug Krehbiel as managing director and European regional head.

Krehbiel, who will be based in London, will lead research and investment in Central and Eastern Europe, the Middle East and Africa and serve on the firm’s centralized investment committee.

Krehbiel has 18 years of emerging markets performing and distressed debt experience, including 14 years with JP Morgan. Prior to accepting the post at Gramercy, Krehbiel led global emerging markets credit research at BlueCrest Capital Management.
Robert Koenigsberger, managing partner and CIO of Gramercy, said, “Doug’s senior leadership and diverse global experience will be important to Gramercy’s continued success as we expand our overall European presence and establish a true beachhead via our new London-based investment practice.”  

Founded in 1998, Gramercy has over $2.6 billion in assets and offers both alternative and long-only strategies across all asset classes.

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