GREENWICH, Conn., Aug. 23, 2016 /PRNewswire/ -- Gramercy Funds Management LLC ("Gramercy"), a $5.7 billion dedicated emerging markets investment manager, today announced that Chris Tackney has joined the firm as Managing Director and Co-Head of the Gramercy trading desk. Mr. Tackney has over 20 years of trading and portfolio management experience in emerging markets and will Co-Head the trading desk with Matt Maloney, Managing Director. Both Mr. Tackney and Mr. Maloney report directly to Robert Koenigsberger, Managing Partner and Chief Investment Officer.
In this new role, Mr. Tackney, along with Mr. Maloney, will manage a dynamic trading desk that encompasses performing and distressed corporates, sovereigns, equities, credit default swaps and currency hedges. Together, they serve as key members of the portfolio management team. Further, as Co-Head of the trading desk, Mr. Tackney is charged with building and maintaining effective relationships with the Street in order to facilitate firm-wide trade execution, asset sourcing, new issue allocations, and idea generation. He will also serve as a member of the Investment Committee.
Commenting on the appointment, Mr. Koenigsberger said, "Gramercy has been evolving and expanding the responsibilities of the trading desk in an effort to stay ahead of the ever-changing complexities of global markets. We are pleased to have Matt and Chris working together to enhance our trading desk and add value to our investment process."
Mr. Maloney said, "Chris and I previously worked together at Credit Suisse, so I know firsthand that he is a talented, hardworking individual who will be an asset to the team on the trading desk. I am excited to be working with him again and I am confident that together we will make a meaningful contribution to portfolio returns."
Prior to joining Gramercy, Mr. Tackney was Managing Director, Head of Trading at Greylock Capital. Before Greylock, Mr. Tackney was Senior Portfolio Manager for emerging market corporate bonds at Schroder Investment Management with responsibility for global EM corporate investments. Earlier in his career Mr. Tackney worked at Credit Suisse, Black River Asset Management, BlackRock Advisors and TIAA-CREF. He received his MBA in Finance and Economics from New York University Stern School of Business and BA in Economics from Bucknell University. He is also a CFA Charterholder.
"I am very excited to be a part of this seasoned EM team. Gramercy has an excellent reputation, driven in part by its commitment to delivering attractive risk-adjusted returns and I look forward to playing an active role," said Mr. Tackney.
Gramercy is a $5.7 billion dedicated emerging markets investment manager based in Greenwich, CT with offices in London, Hong Kong, Singapore and Mexico City, and a presence in Lima and Buenos Aires. The firm, founded in 1998, seeks to provide investors with superior risk-adjusted returns through a comprehensive approach to emerging markets, supported by a transparent and robust institutional platform. Gramercy offers both alternative and long-only strategies across all emerging markets asset classes including USD debt, local currency debt, high yield corporate debt, distressed debt, equity, private equity and special situations. www.gramercy.com
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SOURCE Gramercy Funds Management LLC