industry investment management headquarters new york new york area served worldwide key people peter grossman managing director & co founder keith r. fogerty co founder products emerging markets website http fgcap.net index.html fg capital management ltd. is an american investment management firm based in new york new york 1 that focuses on equity investments and debt restructuring in emerging markets . 1 2 3 4 as part of its management of distressed assets fg capital investigates and exposes financial fraud by engaging politicians governments and international organizations to combat corruption . 5 contents 1 fg hemisphere associates 2 sovereign debt 3 see also 4 references 5 external links fg hemisphere associates edit fg hemisphere associates is a special purpose vehicle managed by fg capital . it was set up to purchase sovereign debt claims where countries rich in natural resources had too little revenue from these resources ending up in the national treasury . fg hemisphere stated that these countries were suffering from lack of proper management not a lack of resources while emphasizing governance and transperency reforms will recapture this lost revenue for the public coffers . 3 sovereign debt edit fg capital management sued the democratic republic of the congo for 100 million after acquiring debts owed to energoinvest for 2.6 million . former bosnian prime minister nedzad brankovic approved the deal and was investigated on corruption charges during his stint at energoinvest . 2 bosnian police reported that brankovic acted illegally in selling the debt which was owned by the country but sold personally and recommended he be charged . 6 7 a court in the jersey islands ruled that the drc must pay fg capital the debt in full plus interest a claim of 108.3 million . in 2012 the ruling was overturned by the privy council of england which blocked fg capital from collecting on the debt . 4 see also edit asset management company corporate governance distressed securities distressed securities fund investment investment management list of asset management firms references edit a b mao debra 21 march 2011 . vulture fund may cause constitutional crisis in hong kong . bloomberg . retrieved 19 july 2014 . a b vulture funds the key players . the guardian . 15 march 2011 . retrieved 19 july 2014 . a b . fg capital management ltd. http fgcap.net index.html . retrieved 19 july 2014 . missing or empty title help a b huang daniel what happens when the vulture funds start circling wall street journal june 25 2014 . fg capital http fgcap.net experience.html . missing or empty title help palast greg ; o kane maggie ; madlena chavala 15 november 2011 . uk urged to prevent vulture funds preying on world s poorest countries . the guardian . retrieved 29 august 2014 . jones meirion 18 july 2012 . vulture fund s 100m dr congo claim blocked . bbc . retrieved 29 august 2014 . external links edit official fg capital website retrieved from https en.wikipedia.org w index.php title fg hemisphere & oldid 723882636 categories companies based in new yorkfinancial services companies based in new york cityinvestment management companies of the united statesanti corruption activistshidden categories pages with citations lacking titlespages with citations having bare urls navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 june 2016 at 21 27 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view