The future face of financing

Navroz Patel
01 Dec 2005

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What's the alternative investment de rigueur for alternative investors? For an increasing number of hedge funds, the answer is surprisingly traditional. As banks have shied away from making smaller loans to credit-risky companies, hedge funds and private equity firms are stepping into the breach. Alongside smaller specialised boutiques, the behemoths of the investment world are keen to enter into the lending market.

A prime example is the Carlyle Group, one of the world's largest

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