Gramercy

Robert Koenigsberger is the Managing Partner and Chief Investment Officer, and has led the firm's investment strategy since founding Gramercy in 1998. He remains the central decision-maker on portfolio construction and large directional bets, supported by regional heads covering Latin America, Central and Eastern Europe, and Africa.

The firm relies on long-standing in-country origination networks built over more than two decades of operating in emerging markets. By maintaining local presence and relationships with banks, corporates, and sovereign entities, Gramercy often accesses credit opportunities that are not widely syndicated or intermediated by global investment banks.

No. While distressed and stressed credit remain core competencies, Gramercy has diversified into private credit, special situations, real estate, and infrastructure — all within emerging markets. The firm will pursue direct lending, structured equity, and asset-backed credit facilities alongside traditional distressed-for-control plays.

Gramercy concentrates its origination and deployment in three primary regions: Latin America, Central and Eastern Europe, and Africa. The firm evaluates opportunities across the full emerging-market landscape but has historically focused on countries where sovereign and corporate credit dislocations create the most persistent pricing inefficiencies.

No. Gramercy is an institutional asset manager founded in 1998, not a family office. It manages capital on behalf of external institutional investors, including pension funds, endowments, foundations, and sovereign wealth funds, rather than serving a single family's wealth.

Gramercy will co-invest alongside other institutional investors and development finance institutions in larger transactions, particularly in infrastructure and real-asset deals where project scale exceeds the firm's typical check size. However, the firm typically prefers to lead or anchor credit facilities where it can influence terms and restructuring dynamics directly.

In 2021, Gramercy announced a commitment to mobilize $3 billion toward the UN Sustainable Development Goals through its emerging-market strategies (per the firm's official communications, 2021). The firm integrates ESG screening into its credit underwriting and views impact-linked mandates as additive to its base EM credit strategy rather than a separate sleeve.