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) |
Industry Updates
Gramercy opens Hong Kong and Singapore offices
Tuesday, March 08, 2011
|
|