
Investment Professional
Prospect Capital Management
New York, NY
Business Development, Finance / Banking / Insurance
The Firm
Founded in 1988, Prospect Capital is an alternative asset management firm with $11.9B of assets under management, and pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has permanent capital and utilizes a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.
With offices in New York City, Connecticut, and Florida, the firm is comprised of 130+ experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.
The Position
- Participate in and grow into leading all aspects of the investment process, including idea generation, origination, evaluation, underwriting, negotiating, closing, and exiting
- Conduct fundamental analysis of private credit and private equity across a wide range of industries and situations
- Monitor and manage portfolio investments
- Work in small deal teams directly with senior management, with an ability to have an outsized impact on the success of each investment and the firm overall
Desired Skills and Experience
- Demonstrated track record of excellence in academic, professional, and personal endeavors
- Relevant prior experience in private equity, investment banking, credit, management consulting, or other highly analytical and demanding roles
- Ownership mentality and strong organizational skills, as incoming investment professionals are responsible for managing and coordinating nearly all aspects of the investment process
- Strong verbal and written skills – investment professionals are expected to interact every day with financial sponsors, company management teams, and senior management
The anticipated annual base salary range for this position is $100,000 - $300,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.
In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
About the company
Company website•Financial Services and Venture Capital and Private Equity Principals
Prospect Capital Management is an alternative asset manager with approximately $9.4 billion of assets and offices located across the United States. Since its inception in 1988, Prospect has been a leader in the alternative investment industry and developed a reputation for managing private assets with an emphasis on preserving capital and providing attractive total returns for investors. Primary investment strategies include real estate private equity, middle-market buyouts, middle-market direct lending, and structured credit.
Prospect was built on the principles of open discussions and merit-based decision making. Over time this approach has helped develop a proven and repeatable investment process resulting in a track record of success managing investor capital across multiple economic cycles. Prospect now employs over 140 total professionals with over 55 focused exclusively on investments.
Prospect Capital is led by CEO John F. Barry III and President & COO Grier Eliasek.
Investment Vehicles:
- Prospect Capital Corporation (www.ProspectStreet.com)
- Priority Income Fund (www.PriorityIncomeFund.com)
- Prospect Floating Rate and Alternative Income Fund (www.PFloat.com)
- Prospect Credit REIT, LLC (www.pcredreit.com)
- Prospect Enhanced Yield Fund (www.prospectenhanced.com)











