Prospect Capital Corporation is a business development company It specializes in middle market mature mezzanine finance later stage emerging growth leveraged buyouts refinancing acquisitions recapitalizations turnaround growth capital development capital expenditures and subordinated debt tranches of collateralized loan obligations cash flow term loans market place lending and bridge transactions It also makes real estate investments particularly in multifamily residential real estate asset class The fund makes secured debt senior debt senior and secured term loans unitranche debt firstlien and second lien private debt private equity mezzanine debt and equity investments in private and microcap public businesses It focuses on both primary origination and secondary loansportfolios and invests in situations like debt financings for private equity sponsors acquisitions dividend recapitalizations growth financings bridge loans cash flow term loans real estate financingsinvestments It also focuses on investing in smallsized and mediumsized private companies rather than large public companies The fund typically invests across all industry sectors with a particular expertise in the energy and industrial sectors It invests in aerospace and defense chemicals conglomerate services consumer services ecological electronics financial services machinery manufacturing media pharmaceuticals retail software specialty minerals textiles and leather transportation oil and gas production coal production materials industrials consumer discretionary information technology utilities pipeline storage power generation and distribution renewable and clean energy oilfield services healthcare food and beverage education business services and other select sectors It prefers to invest in the United States and Canada The fund seeks to invest between 10 million to 500 million per transaction in companies with EBITDA between 5 million and 150 million sales value between 25 million and 500 million and enterprise value between 5 million and 1000 million It fund also coinvests for larger deals The fund seeks control acquisitions by providing multiple levels of the capital structure The fund focuses on sole agented club or syndicated deals