The Negotiator

May 01, 2012   Michelle Celarier


With his unusual background and laid-back demeanor, Greylock Capital founder Hans Humes has emerged as the ambassador of choice between indebted emerging markets, banks and their hedge fund creditors.

By Michelle Celarier 

WHEN GREECE’S DEBT DRAMA SEEMED destined to end in tragedy last fall, global markets tanked as European banks began dumping the country’s bonds. For Willem (Hans) Humes, the president and chief investment officer of Greylock Capital Management, it was finally time to buy. Humes had been tracking the Greek mess for two years, waiting for the banks to get realistic about the necessity of a Greek default — and the losses they’d have to take. But Humes wasn’t just a passive investor. As he has done in more than a dozen debt restructurings around the globe, Humes quickly got involved in the creditors committee, offering up Greylock’s conference room at 99 Park Avenue in New York City as a meeting place for the group of international financiers monitoring the situation. ...

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