MONEY MANAGEMENT

Gramercy Funds Management adds managing director for capital solutions

Bradshaw McKee was named managing director, capital solutions and distressed portfolio manager at emerging markets manager Gramercy Funds Management, spokesman Steve Bruce said.

It is a new position. Mr. McKee reports to Robert Koenigsberger, managing partner and chief investment officer.

Mr. McKee was previously co-head of emerging markets structured credit trading at Deutsche Bank.

Gramercy Funds Management has about $5.8 billion in assets under management.