Gerson Lehrman Group - Intelligently Connecting Institutions and Expertise.

September 10, 2008

Credit Suisse and Gerson Lehrman Group announce Strategic Alliance

Clients of both firms to benefit from access to leading industry expertise


New York, NY—September 10, 2008—Credit Suisse and Gerson Lehrman Group announced today a strategic alliance that allows the two companies to leverage each other’s strengths. The relationship grants Credit Suisse access to Gerson Lehrman Group’s network of more than 200,000 experts around the world, and reflects the Bank’s continued efforts to differentiate and grow its leading global equity research brand. Gerson Lehrman Group will include Credit Suisse’s global equity research analysts in its network on a limited basis, and thereby strengthen its position as the most robust, accessible and comprehensive marketplace for global expertise.


The innovative alliance between Credit Suisse and Gerson Lehrman Group will bring with it a number of strategic advantages benefiting clients and investors including:

  • Credit Suisse’s analysts will have access to Gerson Lehrman Group’s world leading network of more than 200,000 expert consultants, including more than 50,000 outside the United States, in Europe, Asia, and Latin America, excluding those affiliated with public companies.
  • Designated types of Gerson Lehrman Group clients will have the opportunity to access Credit Suisse equity research analysts for their knowledge of macro-industry topics.
  • Gerson Lehrman Group will be able to market its services to Credit Suisse’s world-wide client base, particularly in new markets such as Latin America, Asia, and the Middle East.

Alexander Saint-Amand, President and Chief Executive Officer, Gerson Lehrman Group said: "We're excited that Credit Suisse has chosen our platform to find, engage and manage relationships with some of the world's leading experts. Our goal is to build the world's leading marketplace for industry expertise. Establishing an alliance with a leading institution like Credit Suisse creates a great opportunity for the experts in our network. Finally, by working with Credit Suisse, we anticipate accelerating growth of our marketplace, particularly in emerging markets.”


Stefano Natella, Managing Director and Head of Global Equity Research for Credit Suisse said: “This alliance with Gerson Lehrman Group demonstrates our ongoing commitment to investing in research and expanding our offering, to answer the growing client demand for insightful proprietary and investigative research. Working with Gerson Lehrman Group will provide our analysts with a powerful tool to further enhance the value of our content. This alliance is consistent with other investments we have made in research such as HOLT, the Peers Relationship Database, Trade Idea Monitor and CUSP, and shows our commitment to research at a time when many are scaling back.”


Credit Suisse continues to invest in research, expanding its expertise and thought leadership to differentiate its client offerings across sectors, regions and products:

  • Credit Suisse Research - Globally, Credit Suisse equity research analysts provide in-depth coverage of over 2,900 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for customers and tremendous competitive results.
  • Credit Suisse’s proprietary Peers Relationship Database comprises 60,000 supply-chain relationships such as: Supplier, Customer, Competitor, Partner / Joint Venture, and Equity Investment.
  • Credit Suisse’s HOLT business offers clients unique insights into corporate performance and valuation, emphasising a company’s cash generating ability and overall potential for value creation. HOLT’s proprietary CFROI® framework includes over 18,000 stocks from more than 55 countries.
  • Credit Suisse CUSP® is an analytical model that relates an issuer's capital structure, stock price and the option implied volatility of its shares to credit risk, and provides systematic monitoring of credit spread risk from forward-looking, market-based measures.
  • Credit Suisse’s Advanced Execution Services® (AES) is an award-winning suite of algorithmic trading strategies, tools, and analytics for global trading across equities, options, futures, and foreign exchange. AES helps more than a thousand institutions and hedge funds reduce market impact, improve performance versus benchmarks, and add consistency to their trading processes.

Credit Suisse's equity research franchise has recently been recognized for excellence in the United States and internationally:

  • Bloomberg Markets magazine ranked Credit Suisse the #2 “Top Research Firm” globally.
  • In the Institutional Investor survey weighted by client commissions, Credit Suisse research ranked #2 globally with a 9% market share of client votes.
  • In the 2008 StarMine awards, published in the Financial Times and recognizing individual analyst performance, Credit Suisse ranked #4 globally with 37 ranked positions overall; #1 in non-Japan Asia (for the second consecutive year) with 10 ranked positions; #3 in the US with 19 ranked positions; and #6 in Europe with 8 ranked positions.
  • Forbes magazine ranked Credit Suisse #4 in its “Best Brokerage Analysts” list, recognizing a total of 13 "Blue Chip Analysts" at Credit Suisse.

Credit Suisse

As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.


Investment Banking

In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 57 locations across 30 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage services.


About Gerson Lehrman Group

Gerson Lehrman Group provides technology and services to support a marketplace for expertise. Since 1998, its platform for consultation and collaboration has helped the world's leading financial services firms, consultancies, corporations, and nonprofits find, engage, and manage experts in a broad range of industries and disciplines. Gerson Lehrman Group's unparalleled network of the world's leading expert consultants, known as the Gerson Lehrman Group Councils, includes more than 200,000 subject-matter experts who educate and provide insight to decision makers through a wide range of consulting methods, including telephone consultations, expert surveys, and seminars. Gerson Lehrman Group has invested in one of the world's most sophisticated infrastructures for expert recruiting and compliance. For more information about Gerson Lehrman Group, please visit www.glgroup.com.

Press Contacts:

Kristine Duckett, Credit Suisse
212-325-6830


Duncan King, Credit Suisse
212-325-2590


Christopher Stella, Gerson Lehrman Group
212-880-6517


Tim Burt, Brunswick London
+011 44 (7396) 7497


Andrew Browne, Brunswick Beijing
+86 (10) 6566 2256



Gerson Lehrman Group and the Gerson Lehrman Group logo are registered trademarks of Gerson Lehrman Group, in the United States and other countries. Failure to list any other Gerson Lehrman Group trademarks does not constitute a waiver of any rights to any Gerson Lehrman Group trademarks, including unregistered trademarks. Other names included in this press release may also be the registered or unregistered trademarks of their respective owners.


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