Gramercy Funds Management

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

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

Investment strategy
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.

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. 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.

In 2023, Gramercy loaned Pogust Goodhead $550 million US dollars, in the largest litigation funding deal in history. This deal is expected to make the firm $135 million a year.