Overview
Alternative asset managers are increasingly meeting needs for finance that banks, hampered by capital requirements, multiple layers of regulation and gargantuan fines, can no longer fulfill. Indeed, the Basel-based Bank for International Settlements reported that cross-border lending in the first half of 2015 plunged by $910 billion, the largest drop since the crisis-stricken fourth quarter of 2008. In this article, The Hedge Fund Journal talks to partners Boris Ziser and Thomas R. Weinberger about the increasingly important role of alternative lenders.