Luis Stuhlberger is the Chief Investment Officer of Credit Suisse Hedging-Griffo (CSHG) and responsible for its asset management division. He is also one of the co-founders of the firm that originated CSHG. He started his career as commodity broker in 1981 and became a director of brokerage house Hedging-Griffo in 1985. In 1992 he structured and implemented its asset management business. Mr. Stuhlberger manages the oldest and largest hedge funds in Brazil, the HG Verde Fund. In 2001 he started the Green Fund, the offshore version of HG Verde. He is considered "one of the most dynamic portfolio managers in the market". He graduated from the Escola Politécnica da Universidade de São Paulo and has extension courses from FGV.
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Brazil’s leading hedge fund manager, Luis Stuhlberger, who manages Brazil’s largest hedge fund, is in talks with Credit Suisse (CS) to create an independent fund management group within the bank’s structure in the country.
Luis Stuhlberger is the Chief Investment Officer of Credit Suisse Hedging-Griffo (CSHG) and responsible for its asset management division. He is also one of the co-founders of the firm that originated CSHG. He started his career as commodity broker in 1981 and became a director of brokerage house Hedging-Griffo in 1985.
Credit Suisse has a large investment banking business in Brazil, where the firm has often led in stock underwriting. Stuhlberger’s remarks on the government’s economic policies in monthly reports and investors’ meetings raised eyebrows within the bank, Valor reported.
Credit Suisse previously paid 635 million reais for half of Hedging-Griffo, with another, similar payment for the rest slated for December 2011. The bank concentrates its fund management under Credit Suisse Hedging-Griffo, with 42.5 billion reais in assets under management, Valor said.
Stuhlberger has a noncompete clause in his contract that bars him from managing funds elsewhere until 2015, the daily added.
In 1992 he structured and implemented its asset management business. Mr. Stuhlberger manages the oldest and largest hedge funds in Brazil, the HG Verde Fund. In 2001 he started the Green Fund, the offshore version of HG Verde. He is considered “one of the most dynamic portfolio managers in the market”. He graduated from the Escola Politécnica da Universidade de São Paulo and has extension courses from FGV.
The arrangement would allow Stuhlberger, who manages almost 10 billion reais ($5.85 billion) under Credit Suisse Hedging-Griffo’s Fundo Verde fund, to be more vocal about his opinions without compromising the bank’s image, the newspaper reported, citing unnamed market sources.
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