Fri, Aug 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gramercy opens Hong Kong and Singapore offices

Tuesday, March 08, 2011
Opalesque Industry Update - Gramercy, an institutional asset management firm dedicated to investing in emerging markets, has announced they have opened offices in Hong Kong and Singapore during the first quarter of 2011. The firm also announced two senior executive appointments to build out their Asia-­‐based team. William Shia joined the firm as Managing Director, Head of Asian Investments, effective February 22, 2011, and Andrew Williams joined as Managing Director, Asia and Middle East Regional Head, effective December 20, 2010. Mr. Shia will be based in Hong Kong, Mr. Williams will be based in Singapore. Both are new positions for the firm. Mr. Shia will be responsible for investment research, analysis, corporate investments and trading within the Asian markets, and he will become a member of the firm’s investment committee.

Mr. Williams will focus on business development opportunities among sovereign wealth funds, central banks, institutional investors and family offices across both Asia and the Middle East. “We are excited about the investment opportunities we are seeing in emerging markets across Asia and have been focused on building out our presence in that area for quite some time. Bill and Andy are great additions to our team and both bring a strong knowledge of the local markets,” said Robert Koenigsberger, Managing Partner and Chief Investment Officer at Gramercy.

He continued, “Gramercy looks at emerging markets through a global, comprehensive lens that refines how we look at every aspect of investing in emerging markets. Asia is an important part of that research, analysis and investment process.” Mr. Shia stated, “Gramercy is a recognized leader in investing in emerging markets and I am thrilled to be joining them as they expand their business in Asia. They have a deep investment process that allows for a collaborative approach. I look forward to sharing my ideas and working with my new colleagues in order to get the best results for our investors.” “We see more and more investors from emerging market economies looking to invest in emerging markets as they diversify their portfolios and seek a return stream that is less correlated to developed markets," said Mr. Williams, adding, "Gramercy can provide a complete emerging markets investment solution, including customized accounts, which is extremely attractive to those investors."

Prior to joining Gramercy, Mr. Shia spent six years at Clearwater Capital Partners where he was most recently a Director in the Pan-­‐Asia Investment Team and Head of China. While at Clearwater he led the restructurings of Pacnet, AIT and TT&T among others. From 2002 to 2004 he was an Associate in the restructuring group at Alvarez & Marsal in Hong Kong and New York. He began his career at Lehman Brothers in their Investment Banking Group. Mr. Shia holds an MBA from the University of Chicago and a BA in Business Economics from UCLA. Mr. Williams was most recently Managing Director and Head of Sovereigns within the Asset Management Group at J.P. Morgan, a position he held from 2005 to 2010. In that position he was responsible for relationship management and product delivery for sovereign wealth funds and central banks, with a specific focus on Asian clients. Prior to joining J. P. Morgan’s private banking group in 1999, he spent 15 years at Midland Bank/HSBC in London, Hong Kong, Bahrain and Geneva focusing on their private banking business covering the Middle East. Mr. Williams holds a BS in Banking and International Finance at Cass Business School (UK). www.gramercy.com

(Press release)
BC

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Commodity hedge funds lose most in three years as rout deepens, Funds bet on Shell deal as oil prices plunge[more]

    Commodity hedge funds lose most in three years as rout deepens From Bloomberg.com: Hedge funds betting on commodities lost the most in almost three years in July as the price-rout deepened. Funds lost money for a third month, according to the Newedge Commodity Trading Index, which was re

  2. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  3. JTC acquires Kleinwort Benson’s fund administration business[more]

    Bailey McCann, Opalesque New York: JTC has completed the acquisition of Kleinwort Benson’s fund administration business, boosting assets under administration (AuA) to $56 billion. Kleinwort Benson is based in the Channel Islands, South Africa. The transaction, which relates to the whole of K

  4. Performance - Hedge funds set to bank millions by short selling during London share slump, The China market chaos has made this hedge fund its most money in 2 years, Odey hedge fund said to surge 9% betting against China, Hedge funds with long-held bearish views on China rack up profits, Hedge funds in U.S. seen curbing damage from August turbulence, Hedge funds collect on their predictions of a fall, How did managed futures do while the Dow was down 1000[more]

    Hedge funds set to bank millions by short selling during London share slump From TheGuardian.com: Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall. The funds making the bets include Lansd

  5. Opalesque Exclusive: John C Head IV leaves alternative investment firm Gallery Capital, David Harrison joins as co-CIO[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: John C Head IV, former president and co-founder of Gallery Capital Management, an alternative inv

 

banner