Fernando Borges

Experience

• 

  Itaú Unibanco

  Jan 2006 - Nov 2006

  Intern

  Backoffice activities

• 

  M. Safra & Co. - Money Managers

  Dec 2006 - Dec 2012

  Portfolio management focused on Brazilian Stock Market, especially domestic players; benchmarking CDI, based on short-up-to-mid-term view driven by either top-down and bottom-up analysis. ▪ analyst for homebuilders, infrastructure, malls, fertilizers, utilities, education – focused in Brazil.▪ analyst for cement and fertilizers – globally.▪ Decision-making process based on absolute returns; implementing long-biased, event-driven, longs and shorts and sector rotation strategies (average net long exposure of USD 50mn, gross of USD 150mn).

  • Portifolio Manager - Equities

    Jan 2011 - Dec 2012

  • Equity Analyst

    Dec 2006 - Dec 2010
• 

  Credit Suisse

  Feb 2013 - Dec 2016

  Portfolio Manager

  Portifolio Manager at Credit Suisse Prop Desk

• 

  BTG Pactual

  Jan 2017 - Jan 2020

  Portfolio Manager

  Fernando is the portfolio manager of BTG PACTUAL, based in São Paulo, Brazil, running US$500mn – US$1bn of exposure in Latam Cash Equities. Responsible for most of the proprietary investment in listed names across the region, implementing a new mandate in the bank focused on listed name targeting diversify risks and returns from different strategies, long and short-term positions. Joined BTG in early 2017 to lead a team and build a new mandate and strategy. Promotion to Executive Director less than a year after joining BTG, becoming partner at BTG late 2019 Show less

• 

  Garde Asset Management

  Jan 2020 - Mar 2021

  Portfolio Manager

  Portfolio manager responsible for Long Bias Athos and all the equity investments of the FIM Dartagnan Porthos. All strategies together represented over R$1,5bn of long exposure and R$3bn of gross exposure in global equities. Leading a team of 5 people among analysts and traders.

• 

  AB Imóveis

  Mar 2021 - now

  Sócio

  Manage portfolio of properties in Sao Paulo for long and short stay, aiming real yields over 8% in liquid and brand new assets , investments in real estate buying and selling assets according to investment thesis and development of land across different regions.

• 

  JGP

  Feb 2023 - Dec 2023

  Portfolio Manager

  Portfolio Manager of global equity , investing mostly in US and Brazilian equities