Hamza Lemssouguer’s Next Trade Is Fast Cash for Stressed Credits

As a junk bond trader at Credit Suisse Group AG, Hamza Lemssouguer reeled in huge profits spotting stress in credit markets.

Now on the buyside, he’s still looking for stress, and seeing it everywhere. That’s providing the 33-year old owner of hedge fund Arini with his latest trade: lending to borrowers in need of quick cash they can’t get from public markets.

“Maybe this market is something we have never seen before,” Lemssouguer said in an interview at his office in London’s Mayfair district. “There is a lot of stress and distress and a maturity wall.”

In the next 12 ...