Credit Suisse Asset Management has merged the U.S. investment management operations of Banco de Investimentos Garantia into its own New York office.

The four-person operation was merged last month into BEA Associates, Credit Suisse's U.S.-based investment unit, said Alain De Coster, a managing director who came over from Sao Paolo-based Garantia. Credit Suisse Group bought Garantia, which is one of Brazil's leading investment banks, for an undisclosed sum in July.

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