Prospect Capital Corp PSEC

Prospect Capital Corporation is a US-based financial services company, founded in 2004 and headquartered in New York, with regional offices in Connecticut. The organisation is a Business Development Company (BDC) and specialises in debt and equity investments in middle-market businesses across the USA and Canada.

Investing across a wide range of industries, Prospect Capital aims to deliver consistent, attractive returns to shareholders while preserving capital. Prospect Capital is heavily focussed on middle-market companies across the USA and Canada and has over 127 companies within their portfolio. These companies span 39 different industries including manufacturing, industrials, energy, business services, healthcare, food, consumer finance, insurance and entertainment. Portfolio holdings in 2022 included Amerilife Holdings LLC, CP Energy Services Inc., Nationwide Loan Company LLC and InterDent Inc.

Stock for Prospect Capital is listed on the NASDAQ GS under the ticker PSEC. The company’s stock has been listed on the NASDAQ GS exchange since August 2004. As of April 2022, Prospect Capital had made over 375 investments and was holding assets of over $7.1bn. The organisation is a closed-end investment company that has elected to be regulated as a business development company.

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