Founded in 1988, Prospect Capital's investment focus has been alternative investment strategies. Prospect was founded by two senior executives who previously managed the merchant bank and high yield bond groups of Merrill Lynch & Co. Today Prospect is run by John Barry who joined Prospect in 1990. John previously served as a senior investment and merchant banker at Merrill Lynch & Co. where he executed more than $4 billion in debt financings. Prospect is known as a leader in the alternative investment industry, with a focus on private corporate debt, real estate private equity, and structured credit. Prospect has built a world-class investment organization that has produced exceptional returns by focusing on credit underwriting, legal expertise, collaborative interaction with portfolio companies and partnership with investors. With offices in Florida, New York City, Connecticut and Texas, Prospect is comprised of ~100 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement. Mission: Prospect's company mission is to deliver consistent returns and preserve capital, independent of market timing, by working in a culture of transparency, collaboration, and investor alignment.
51 to 200
TypeCompany - Private
Revenue$2 to $5 billion (USD)
IndustryLending
CompetitorsAres Capital, Fifth Street Asset Management
Founded1988