Asset Management Industry | Financial Services Sector | Mr. John Francis Barry III, J.D. CEO | XBER Exchange | US74348T1025 ISIN |
US Country | - Employees | 29 Jan 2025 Last Dividend | - Last Split | 27 Jul 2004 IPO Date |
Prospect Capital Corporation operates as a business development company, focusing primarily on the middle market and aiming to provide a broad range of financial solutions. It targets mature companies, as well as those in later stage and emerging growth phases, engaging in leveraged buyouts, refinancing, acquisitions, recapitalizations, and turnaround situations. The company places a strong emphasis on generating growth capital and addressing the needs for development, capital expenditures, and structured subordinated debt tranches, including those of collateralized loan obligations. Prospect Capital invests in secured debt, senior debt, equity, and a variety of loan formats, catering to a diverse portfolio of business needs. With a strategic eye on real estate, especially multi-family residential properties, the company encompasses a comprehensive investment approach. It primarily serves the United States and Canada, focusing on small to medium-sized private companies across multiple sectors.
Specializing in providing mezzanine finance and capital for companies in their later stages, focusing on growth and transitional phases.
Offering financial solutions for leveraged buyouts, refinancing existing debts, and facilitating acquisitions to drive business expansion and consolidation.
Engaging in recapitalization efforts and providing necessary support for turnaround situations to revitalize companies.
Funding the growth capital and development needs of companies, supporting their expansion and operational advancements.
Offering financing options for capital expenditures, enabling companies to invest in physical assets for their long-term benefit.
Providing subordinated debt options and investing in collateralized loan obligation tranches to offer layered financial solutions.
Engaging in marketplace lending and offering bridge loans to support companies during transitional funding periods.
Making targeted investments in the real estate sector, with a particular focus on the multi-family residential real estate asset class.
Investing in private debt and equity stakes in private and microcap public businesses, across various industry sectors.
Focusing on both the origination of primary loans and the acquisition of secondary loan portfolios, catering to diverse financing needs.
Targeting investments across all industry sectors with expertise in energy and industrial sectors, including aerospace, defense, financial services, healthcare, and technology among others.