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Prospect Capital Corp.

Prospect Capital Corp.

Sector: Venture Capital/Private Equity Region: NY, United States


: | Frankfurt Stock Exchange: RK8 | Nasdaq: PSEC | New York Stock Exchange: PRY


Similar to: Eurazeo SA, Tortoise Capital Resources Corp., MVC Capital, Inc.

Prospect Capital Corp., a business development company, invests in middle-market companies located in the US and Canada with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. The fund targets companies operating in the fields of energy & industrial sectors, aerospace & defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles & leather, transportation, oil & gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation & distribution, renewable & clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It provides financing for mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, unitranche debt, first-lien and second lien, private debt, mezzanine debt, and equity investments in private and microcap public businesses. It invests in between $10 million to $250 million per transaction. It acquires control positions and makes co-investments.

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