Gramercy Plucks JPM Asset Pair

Gramercy Plucks JPM Asset Pair

Funds

LatAm hedge fund manager Gramercy has hired Jeffrey Grills and Gunter Heiland from JPMorgan to run EM fixed-income. The pair, who previously served as co-heads of EM debt at JPMorgan’s asset management unit, will help oversee investments in dollar-denominated, local-currency and corporate bonds. Gramercy plans to launch July 1 three new strategies focused on EM US dollar sovereign debt, EM local currency sovereign debt and EM corporate debt. “Investor demand for emerging markets debt exposure co

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