Prospect Capital Management: Best Middle-Market Lending Investor USA 2023

Prospect Capital

Prospect Capital Management (“Prospect”) is an SEC registered investment adviser that was founded in 1988 (along with its predecessors) and has been led by the same executive team over the past 23 years. Prospect has over 100 employees and $8.8 billion of assets under management as of December 31, 2022. Prospect invests across middle-market lending, middle-market buyouts, structured credit, and real estate. Prospect currently operates two business development companies focused on middle-market debt investments in the US, including both sponsor-owned and non-sponsor-owned companies. Prospect’s track record in middle-market lending includes the deployment of $14.2 billion across 418 investments with 314 realizations. Since 2006, Prospect has achieved significant outperformance versus the industry benchmarks S&P 500, Barclays High Yield and LSTA Leveraged Loan Index. Prospect demonstrates alignment with investor interests, with Prospect managers and employees owning $1.1 billion in its funds under management. The judging panel announces Prospect Capital as the 2023 Best Middle-Market Lending Investor (USA) award winner.

Tags assigned to this article: