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Gramercy names Stephen LaVersa Head of Business Development and Client Service

Thursday, February 10, 2011

Opaelsque industry update -  Gramercy,  an  institutional  asset  management   firm  dedicated  to  investing  in  emerging  markets,  announced  today  that  Stephen   LaVersa  has  joined  the  firm  as  Head  of  Business  Development  and  Client  Service.

    Mr.  LaVersa,  who  will  be  based  in  the  firm’s  Greenwich  office,  started  in  his  new  role   earlier  this  month.    It  is  a  new  position  for  the  firm.        At  Gramercy  Mr.  LaVersa  will  be  responsible  for  expanding  the  client  solutions   advisory  and  business  development  teams  and  enhancing  the  firm’s  client  facing   capabilities.

   Robert  Koenigsberger,  Managing  Partner  and  Chief  Investment  Officer  at  Gramercy,   stated,  “Steve  has  an  extensive  background  helping  firms  build  strong  and  lasting   relationships  with  new  and  existing  investors  around  the  world  and  across  multiple   strategies.    He  will  be  an  integral  part  of  our  firm  as  we  look  to  enhance  our   relationships  and  our  business  platform  both  domestically  and  internationally.”

   Mr.  LaVersa  added,  “Gramercy  offers  a  single  platform  dedicated  to  emerging   markets  which  enables  investors  to  access  highly  specialized  teams  managing   emerging  markets  credit,  distressed,  macro  and  equities.    For  many  investors,   Gramercy  fills  a  critical  void  given  the  attractive  opportunities  available  in  emerging   markets  today  and  going  forward.

   I  am  thrilled  to  be  part  of  Gramercy  as  the  firm   thoughtfully  and  systematically  builds  out  its  capabilities  to  serve  the  needs  of   institutional  investors  globally.    The  firm  is  uniquely  positioned  and  has  a  true   vision  for  the  future.”

   Mr.  LaVersa  was  previously  Co-­‐Founder  and  Managing  Partner  of  Tower  Lane   Partners,  an  outsourced  business  development  firm  that  specializes  in  the   alternative  asset  management  sector.

   Prior  to  Tower  Lane  Partners,  he  spent  nearly   six  years  at  FrontPoint  Partners,  most  recently  as  Managing  Director,  Co-­‐Head  of  the   Client  Advisory  Group.    From  1997  to  2003,  Mr.  LaVersa  was  a  Vice  President  in  the   Asset  Management  group  at  Goldman  Sachs.    He  began  his  career  at  Federated   Investors  where  he  spent  a  decade  assisting  banks  and  trust  companies  meet  the   investment  needs  of  their  clients.    He  holds  a  Bachelor  of  Arts  degree  in  Economics   and  History  from  Denison  University.

(press release)



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