Is private credit a bubble?
Private credit has grown in both size and breadth, prompting questions around the risks of the asset class and whether it could represent a bubble. We address those concerns in this note.
![image of a bubble](https://fsinvestments.com/wp-content/uploads/2024/05/Private-credit-in-a-bubble_img_2x_insights_1442x1004.jpg?w=250&h=150&crop=1)
Awakening: The rise of private debt
Private debt has grown from niche asset class to a heavyweight due to multiple structural shifts in capital markets—and its growth has shifted the opportunity set for both investors and borrowers.
![Private debt Cooling Dunes, Death Valley](https://fsinvestments.com/wp-content/uploads/2024/03/GettyImages-878894720-sky.jpg?w=250&h=150&crop=1)
5 for ’23: Corporate credit
The 5 big ideas we’ll be watching in corporate credit markets in 2023.
![](https://fsinvestments.com/wp-content/uploads/2022/12/FS_5-for-23_Corporate-Credit_img_2x_Insights_1442x1004.jpg?w=250&h=150&crop=1)
The secular opportunity for CLOs
Chief Market Strategist Troy Gayeski tackles the topic of CLO mezzanine debt and its potential benefits in a yield-starved environment, both present day and for the long run.
![](https://fsinvestments.com/wp-content/uploads/2022/01/FS_2022_Troy_CLO-white-paper_img_2x_Insights_1442x1004.jpg?w=250&h=150&crop=1)
5 for ’22: Corporate credit
After the roller-coaster that was 2020, 2021 felt eerily calm in credit markets. Are we in for more of the same next year? Here are 5 big ideas we’ll be watching in corporate credit in 2022.
![](https://fsinvestments.com/wp-content/uploads/2021/12/FS_5-for-22_Corporate-Credit_img_2xInsights_1442x1004.jpg?w=250&h=150&crop=1)
5 for ’21: Corporate credit
See the key charts we believe illustrate the corporate credit landscape for 2021, and how markets are positioned to make it through a vaccine-lit end of the tunnel.
![](https://fsinvestments.com/wp-content/uploads/2020/12/Insights_730x330.jpg?w=250&h=150&crop=1)