Gramercy Funds Management, a $5 billion investment manager focused on emerging markets, has appointed Tom Humphrey to the newly created role of President. Bill Foley will also be joining the firm as a managing director and senior member of the Gramercy Business Development Team.
Gramercy Funds Management (Gramercy), a $5 billion investment manager focused on emerging markets, has appointed Tom Humphrey to the newly created role of President. Bill Foley will also be joining the firm as a managing director and senior member of the Gramercy Business Development Team.
Humphrey, who will also be a senior partner and serve as a member of the firm’s Management Committee, began his career at Lehman Brothers in 1986, progressing to the position of Global Head of Fixed Income Sales in 2003. After the integration of Lehman Brothers with Barclays Capital, Humphrey was partner and global head of business development for GoldenTree Asset Management, and also served as head of corporate banking and securities Americas, and CEO of Deutsche Bank Securities US.
Humphrey then joined Guggenheim Securities as senior managing director, and most recently served as managing director at BTIG, where he helped Gramercy launch its litigation finance investment strategy and worked with Gramercy senior management and portfolio management teams.
Foley has 30 years of experience having served as vice chairman, senior managing director, and global head of equity sales at Evercore/ISI. Prior to Evercore, he was a managing director at Deutsche Bank and Morgan Stanley, and head of global institutional sales at Deutsche Bank. Most recently he was also managing director at BTIG and a member of the firm’s Senior Relationship Management.
