Credit Suisse Hedging-Griffo

Credit Suisse Hedging-Griffo

Founded in 1992, Credit Suisse Hedging-Griffo started as Hedging-Griffo, a Sao Paulo-based independent asset management firm that became synonymous with sophisticated multi-market and equity strategies for Brazilian high-net-worth investors. Credit Suisse acquired a majority stake in 2006 and took full control in 2012, folding the operation into its global wealth management division. The acquisition gave Credit Suisse a dominant onshore Brazil presence at a time when local wealth creation was accelerating. The firm's investment platform spans Brazilian equities, local fixed income, multi-market macro funds, private credit, and real estate strategies. Prior to Credit Suisse's own crisis and subsequent UBS acquisition, CSHG was a critical gateway for international investors accessing Brazilian markets and for domestic clients seeking offshore diversification. The partnership structure historically attracted top local portfolio managers, making CSHG a talent incubator for Brazil's buy-side industry. Following the UBS takeover of Credit Suisse in 2023, the Brazilian entity's future operating model remains under integration review. Prior to this, CSHG managed significant retail and institutional assets, with reported local AUM exceeding R$200 billion in earlier periods. The firm has operated from its Sao Paulo headquarters and historically maintained relationships across Brazil's major wealth corridors, including Rio de Janeiro and the southern states. The structural differentiator for CSHG has been its dual role as both a product manufacturer and a captive distribution arm inside a global private bank. Few Brazilian asset managers have operated with the same blend of local investment autonomy and institutional-grade compliance infrastructure — a posture that positioned it as Credit Suisse's primary vehicle for capturing Brazil's growing pool of investable private wealth.