Credit Suisse Hedging-Griffo is a pioneer in the Latin American hedge fund market and has helped solidify the notion that hedge funds can be successful in Brazil, a country with historically turbulent and unpredictable financial markets. Still, Brazil's markets are steadily improving; while many countries floundered for years after the 2008 financial crisis, Brazil endured a brief two-quarter recession before recovering in mid-2009. That instigated a surge of capital into the country, which directly benefited CSHG: Between 2011 and 2012 the firm boosted capital by 95 percent. In 2006, Credit Suisse acquired majority interest in Hedging-Griffo, a Brazilian financial services firm founded in 1981 that offers asset management, private banking and brokerage services, to form CSHG.. Luis Stuhlberger, founder and head asset manager at CSHG, is perhaps Brazil's best-known money manager. Stuhlberger is pessimistic about…