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]

Erik Hirsch, Hamilton Lane Co-CEO tells Bloomberg Open Interest, "There's a lot of talk about a private credit bubble- and yet when we actually start to see who is doing questionable lending practices it's not the private credit firms - it's the banks." ...