# Is Private Credit About to Collapse? ($1.7 Trillion at Risk)

Page: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/is-private-credit-about-to-collapse-1-7-trillion-at-risk
Text version: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/is-private-credit-about-to-collapse-1-7-trillion-at-risk.md
Podcast: [Invest Like a Billionaire](https://stenobird.com/podcast/invest-like-a-billionaire-4346750)
Published: 2026-03-10T10:30:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/invest-like-a-billionaire/episodes/Is-Private-Credit-About-to-Collapse--1-7-Trillion-at-Risk-e3g6j1c
Audio file: https://anchor.fm/s/4e9bae1c/podcast/play/116656620/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-2-9%2F419652189-44100-2-5e94625cc0639.mp3
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Duration seconds: 1975

## Resource

Is private credit about to collapse? The $1.7 trillion private credit market has grown rapidly, but recent write-downs from major funds like BlackRock and KKR are raising concerns about a potential private credit crisis. In this episode, Ellis Hammond sits down with Ben Fraser, CIO of Aspen Funds, to explain what’s happening in private credit, why some funds are showing stress, and what investors should watch for before investing in private credit funds. Have more questions, or want more resources like a tax calculator? Go to ⁠⁠⁠⁠⁠⁠https://investlikeabillionaire.org/⁠⁠⁠⁠⁠⁠ to learn more about our community. Check out Ben & Bob’s company and invest along at ⁠⁠⁠⁠⁠⁠https://aspenfunds.us/

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## Transcript

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