Hamad Almudhaf has been named managing director, head of international capital markets at Gramercy Funds Management, according to a March 19 news release.
He started the newly created role on March 19, and he will report to Tom Humphrey, president and senior partner at the manager. Almhudhaf will be based in the global emerging markets investment manager’s headquarters in Greenwich, Conn., the news release added.
Almudhaf is responsible for designing and implementing the firm’s international expansion strategy as it seeks to improve its investor relationships outside of the U.S., the release added. He will also oversee the continued development of the firm’s international, commercial and capital formation strategy.
“Hamad is extremely well regarded and an experienced global markets professional,” Humphrey said in the release. “His technical expertise, cross-regional experience and commercial skills will be immediately additive for Gramercy worldwide.”
Almudhaf has “been working with the Gramercy team for many years” to source and structure investment opportunities, he noted in the release.
Almudhaf most recently served in a senior role at J.P. Morgan's fixed-income franchise in New York. A spokesperson at J.P. Morgan could not be reached immediately for further details.
Gramercy had $6 billion in assets under management as of Feb. 29.