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).
Prospect has $10.0 billion of assets under management and our scale includes 140+ professionals. Our mission is to generate long-term value for our investors, portfolio companies, shareholders, and employees. With a buy-and-hold mentality, we seek to deliver attractive current cash yields, achieve consistent low-volatility returns, and preserve capital.
Our Values
Creativity
We embrace innovation and forward-thinking to continuously explore new ideas, technologies, and strategies, driving sustainable growth and delivering unique solutions to ever evolving needs.
Rigor
We approach each task with precision, conducting thorough research, analysis, and due diligence to ensure informed decision making and optimal outcomes.
Teamwork
We foster a culture of collaboration and mutual respect, recognizing that diverse perspectives and collective expertise are essential to achieving optimal results.
Perseverance
In the face of challenges and adversity, we remain steadfast in our commitment to success.
Integrity
We uphold the highest standards of integrity, ensuring trust from all our counterparties.
Transparency
We strive to provide open communication, reporting, and decision-making, ensuring our stakeholders have a clear understanding of our strategies, performance, and decision making rationale.
Our Investors
Prospect has been a registered investment adviser with the U.S. Securities and Exchange Commission since 2004.
Prospect’s institutional-quality and Sarbanes-Oxley process compliant operations and infrastructure, robust financial reporting, legal, and investor relations capabilities help us build long-term relationships with our investors and provide them with high-quality service. Prospect is also a trusted and valued adviser to thousands of management teams, private equity sponsors, entrepreneurs, financial institutions, and financial and other intermediaries.
Prospect has developed its strong franchise through multiple economic cycles to create a best-in-class investment organization. We offer private market investment solutions tailored to institutions and individual investors alike, enabling them to diversify their portfolios and achieve their financial goals with confidence.
