Prospect Capital Management

A leading alternative investment manager, offering investment solutions across credit, private equity, and real estate.

Consistency

Proven track record of generating long-term value for investors through multiple economic cycles and varying market conditions.

Presence and Relationships

Multi-channel platform provides significant market leadership and presence as visible magnet for opportunity flows.

Team

Hire the best professionals and invest in our people first to drive innovation and collaboration.

Prospect
Edge

Consistency

Proven track record of generating long-term value for investors through multiple economic cycles and varying market conditions.

Presence and Relationships

Multi-channel platform provides significant market leadership and presence as visible magnet for opportunity flows.

Team

Hire the best professionals and invest in our people first to drive innovation and collaboration.

0
Years of Same Senior Management Team
$ 0 B+
Assets Under Management
See Disclosure Information
$ 0 B+
Cumulative Invested
0
Cumulative Investments
0 +
Employees

Our Firm

A veteran team of senior professionals from Merrill Lynch, who previously managed the merchant bank and high yield bond groups, founded Prospect Capital’s predecessors in 1988. Over the past 38 years, Prospect has strategically scaled its platform and focuses on investments in credit, private equity, and real estate.
Prospect (along with its predecessors) has a history of innovation and industry firsts, including conceiving, launching, and managing the first levered closed-end high yield bond fund (1988), the first levered bank loan fund (1989), the first high yield bridge loan fund (1989), and first and only multi-line business development company (2004).
38+

Years of Experience

Investment Vehicles

Prospect Capital Corporation

Leading publicly-traded Business Development Company (“BDC”) (NASDAQ: PSEC)

Priority Income Fund

Registered closed-end fund that primarily invests in structured credit

Prospect Floating Rate and Alternative Income Fund

Non-traded BDC that primarily invests in senior and secured loans to middle-market companies

Prospect Credit REIT¹

Non-traded Real Estate Investment Trust ("REIT") investing in U.S. real estate credit

Prospect Enhanced Yield Fund

Interval fund that primarily invests in structured credit

1 There is no guarantee that PCRED will be able to qualify as a REIT.

Investment Strategies

Middle-Market Lending

Privately originated loans and sometimes equity-linked investments to companies with proven cash flows, experienced management teams, and demonstrated resilience across business cycles. Tailored approach supports needs and risks of the business with certainty and speed throughout the investment process.

Lower Middle-Market

One-stop financing solutions to U.S. based lower middle-market companies across a broad range of industries. Our relationship approach ensures our clients receive the flexibility, expertise, and responsive partnership needed to support complex transactions and long-term growth.

Real Estate

Invest in majority or shared control common equity and provide flexible financing solutions tailored to the needs of commercial real estate owners and operators, including multifamily, student housing, self-storage, senior living, industrial, and other sectors.

Structured Credit

Invest in the equity and debt tranches of Collateralized Loan Obligations (“CLOs”). We focus on relative value and make both majority and minority CLO investments in both the primary and secondary markets.

Recognition & Awards

Awarded by Capital Finance International ("CFI") in March 2023, based in part on information submitted as of September 30, 2022 and December 31, 2022. Prospect has provided compensation to CFI for the ability to communicate the results of these awards. The awards described above may not be representative of any one investor’s experience with Prospect and should not be viewed as indicative of future performance.
Gallery

A Glimpse Inside Prospect Capital