Gramercy closes distressed emerging debt fund to new investment

... position in Argentina, including restructured sovereign debt as well as corporate and "other" assets. The Greenwich, Connecticut-based firm faces the risk of a default on the restructured Argentine government bonds it holds if Buenos Aires exhausts ...

http://www.reuters.com/article/2013/09/09/investing-gramercy-emerging-idUSL2N0H51P820130909?feedType=RSS&feedName=marketsNews