Gramercy Funds Management

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.^[7]

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.^[10] Gramercy also has common shares in Frontera Energy Corporation and Atmos Global Energy.^[11] In November 2024, Gramercy reached a $40m settlement with the Republic of Peru over disputed land bonds.^[12]

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. This deal is expected to make the firm $135 million a year.^[13][14] In November 2024, it was reported that Pogust Goodhead has returned to Gramercy for additional funding.^[15]

• Gramercy Funds Management LLC website