Fidelity Investments has stated that private credit remains a "compelling asset class" despite recent headlines. Over the past 16 years, private credit has grown to roughly $1.8 trillion, a significant funding source for companies and an emerging asset class for both institutional and individual investors. Despite recent restrictions on lending in private credit portfolios, Fidelity believes this is not indicative of broader stress in the private credit market. The company also highlighted that while private credit is a long-term illiquid strategy with inherent risk, it is also a valuable asset for investors. The private credit sector is moving towards an inflection point, with portfolios with a more robust underwriting process, clear valuation policies and liquidity management being an advantage.