Discretionary Global Macro
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Prospect Capital: The 58% Discount To NAV Is An Illusion (NASDAQ:PSEC)
Seeking Alphaยท 2025-11-23 02:45
Core Viewpoint - Prospect Capital (PSEC) has gained attention due to its involvement in lending to First Brands and the prevailing concerns regarding a potential private credit bubble [1] Group 1: Company Overview - Prospect Capital is categorized as a Business Development Company (BDC) [1] - The company is noted for its thematic investing strategies, crisis investing, systematic options trading, and discretionary global macro approaches [1] Group 2: Market Context - There is a widespread belief among market participants that a private credit bubble may be forming, which could impact companies like Prospect Capital [1]