Prospect Capital Corp

Prospect Capital Corporation, incorporated in 1988, is a financial services firm based in New York City, New York. It specializes in providing capital to middle-market companies within the United States. The business operations of Prospect Capital are organized into several key segments, including lending for leveraged buyouts, acquisitions, recapitalizations, and refinancing for its target companies. Additionally, it is engaged in structured credit investments, with a focus on collateralized loan obligation equity and debt. Further expanding its portfolio, Prospect Capital invests in multi-family residential real estate, establishing a footstep in the property market. Another dimension of the corporation's activities includes investments in online lending platforms, which are instrumental in supplying capital to consumers and small businesses. Prospect Capital's engagement is not with the general public but with businesses and entities that it selectively invests in. It does not manage a portfolio of consumer brands; rather, it is known for its tailored financial services and investment offerings, primarily servicing the middle-market sector across a diversity of industries. (Powered by AI)