The $265 billion private credit meltdown: How Wall Street's hottest investment craze turned into a panic - Fortune

By Shawn Tully | Published: Mar 14, 2026

It was a glorious time to make money. From early summer 2023 to the close of January 2025, private equity stocks staged what may rank as the single biggest surge, over a tight time frame, in the anna… [+13899 chars]