Stable employee base

• Virtually no senior investment team turnover (since inception).
• Seasoned portfolio management group (23 years average industry experience).
• Continuity of its investment team (6 years average Firm tenure).
• 100% of the Firm's employees are equitized and thus aligned toward creating long-term, sustainable franchise value.

Transparency

• A partnership mentality towards our clients motivates complete transparency for our investors.
• Annual independent audit conducted by PricewaterhouseCoopers LLP for all investment funds managed by Gramercy.
• Independent third party administrator maintains official fund books and records by International Funds Services.
• Prime broker custodies assets. (Citigroup).
• For our hedged vehicles, early signatory of Hedge Fund Standard Board, an independent body acting as the guardian of best practice standards for the hedge fund industry.

Risk management

• We actively hedge our risks to both the markets and to trading counterparties.
• Rigorous, dynamic monitoring of counterparties has enabled complete avoidance of exposure to events such as the demise of Bear Stearns and Lehman Brothers.
• Perform independent quarterly asset verifications (by PricewaterhouseCoopers LLP).
• Ongoing due diligence for investor protection, manager-level SAS 70 compliance.