Prospect Capital Management

Prospect Capital Management is a leading alternative investment manager headquartered in New York City, with more than $9.4 billion in assets under management and 39+ years of experience investing across credit, private equity, and real estate. Founded in 1988 by a veteran team of senior professionals from Merrill Lynch’s merchant bank and high yield bond groups, Prospect has built a long-tenured platform serving institutional and individual investors through multiple economic cycles. The firm has consistently distinguished itself through industry firsts, including launching the first levered closed-end high yield bond fund, the first levered bank loan fund, and the first and only multi-line business development company.

Prospect operates a diverse suite of investment vehicles designed to provide access to its core strategies. These include:

• Prospect Capital Corporation — a leading publicly-traded business development company (NASDAQ: PSEC)
• Priority Income Fund — a registered closed-end fund focused on structured credit
• Prospect Floating Rate and Alternative Income Fund — a non-traded BDC investing in senior and secured loans to middle-market companies
• Prospect Credit REIT⁽¹⁾ — real estate investment trust investing in U.S. real estate credit
• Prospect Enhanced Yield Fund — an interval fund investing in structured credit

Across these vehicles, Prospect pursues four primary investment strategies: middle-market lending, lower middle-market financing, commercial real estate, and structured credit through Collateralized Loan Obligations.

With a multi-channel platform built on consistency, presence, and a deep team, Prospect Capital Management has established itself as a trusted partner for investors seeking diversified exposure across alternative asset classes. The firm’s tailored approach to middle-market lending, its expertise in commercial real estate sectors including multifamily, student housing, self-storage, and senior living, and its long history of innovation in structured credit reflect a platform built for long-term value creation. Backed by a senior management team with decades of experience and a relationship-driven approach to capital deployment, Prospect remains a notable force in the alternative investments landscape.

For additional information, contact Matt Krugman at mkrugman@prospectcap.com.

^{(1) There is no guarantee that PCRED will be able to qualify as a REIT.}