
The Credit Edge by Bloomberg Intelligence
Gramercy Says Private Is Way to Go in Emerging Markets
Jan 30, 2025
Robert Koenigsberger, founder and chief investment officer of Gramercy Funds Management, shares insights on the exciting trajectory of private credit in emerging markets. He discusses significant opportunities arising from high rates and decreased bank lending, emphasizing that we're only beginning to explore this market. The conversation includes the nuances of credit risks, strategic partnerships, and the evolving landscape of real estate investments in regions like Mexico and Turkey, while addressing the challenges posed by volatile economies and geopolitical factors.
42:40
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Quick takeaways
- Robert Koenigsberger highlights that active management and understanding credit risk are essential for successfully navigating the complexities of emerging market investments.
- Emerging markets offer unique private credit opportunities, particularly in Latin America and Turkey, due to lower competition and high yield potential.
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