Founded in 2004, Prospect Capital Corporation (NASDAQ: PSEC) is a publicly traded closed-end investment company that operates as a business development company (BDC). Its primary mission is to generate both current income and long-term capital appreciation through debt and equity investments. Prospect invests in middle-market companies, originating, and investing in senior and subordinated debt and equity of U.S. companies for buyouts, acquisitions, and recapitalizations. The company is managed by its investment adviser, Prospect Capital Management L.P.

Founded in

Canada