Gramercy Funds Management LLC is a large advisory firm based in Greenwich. It manages $5.63 billion of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Connecticut.
Gramercy Funds Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gramercy Funds Management LLC is $5.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7631% since the beginning of its operation, and $4.31 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gramercy Funds Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Gramercy Funds Management is pooled investment vehicles with 47 clients and $3.42 billion of assets under management. Among the 8 most similar advisory firms, Gramercy Funds Management has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.42 billion for 47 clients. 72% of the firm’s clients are foreign persons or businesses.
Gramercy Funds Management also advises several private funds. Namely, twenty five hedge funds, six other private funds, and ten private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 58 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Robert Scott Koenigsberger has served as the Chief Investment Officer since 1 Dec 2009. Joshua Michael O'melia joined the executive team most recently as the Chief Legal Officer.
The principal office where Gramercy Funds Management LLC performs its advisory services is located at 20 Dayton Avenue, Greenwich, CT 06830, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-552-1900 or by fax 203-552-1901. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at gramercy.com.