PROSPECT CAPITAL ADVISORS, LLC

other names
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Adviser Profile
As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 3
of those in investment advisory functions 1 -50.00%
Registration California, Terminated, 09/02/2015
Other registrations (1)
AUM* 439,718,388 12.51%
of that, discretionary 439,718,388 12.51%
Private Fund GAV* 412,953,243 11.08%
Avg Account Size 109,929,597 12.51%
SMA’s No
Private Funds 2
Contact Info (41 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
464M 397M 331M 265M 199M 132M 66M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$412,953,243

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Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
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Stck Ticker38526M106 Stock NameGRAND CANYON ED INC $ Position$15,813,438 % Position7.00% $ Change-16.00% # Change-17.00%
Stck Ticker095306106 Stock NameBLUE BIRD CORP $ Position$14,627,800 % Position7.00% $ Change-19.00% # Change-9.00%
Stck Ticker82706C108 Stock NameSILICON MOTION TECHNOLOGY CO $ Position$13,302,060 % Position6.00% $ Change-28.00% # Change-4.00%
Stck Ticker971378104 Stock NameWILLSCOT HLDGS CORP $ Position$12,915,600 % Position6.00% $ Change-2.00% # Change-2.00%
Stck Ticker671044105 Stock NameOSI SYSTEMS INC $ Position$10,628,100 % Position5.00% $ Change-12.00% # Change-20.00%
Stck Ticker20459V105 Stock NameCOMPOSECURE INC $ Position$11,566,500 % Position5.00% $ Change # Change
Stck Ticker03027X100 Stock NameAMERICAN TOWER CORP NEW $ Position$10,000,080 % Position5.00% $ Change-23.00% # Change-36.00%
Stck Ticker04206A101 Stock NameARLO TECHNOLOGIES INC $ Position$9,960,475 % Position5.00% $ Change-8.00% # Change-1.00%
Stck Ticker29357K103 Stock NameENOVA INTL INC $ Position$8,965,530 % Position4.00% $ Change20.00% # Change-11.00%

Brochure Summary

Overview

Advisory Business Prospect Capital Advisors, LLC is currently registered as an investment adviser with the SEC. From January 2001 to June 2015, the Firm was registered with the State of California Department of Business Oversight. Daniel W. Mendoza is the principal owner and Managing Member of Prospect. Advisory Services Prospect serves as the general partner and investment adviser to Prospect Advisors, L.P. and Prospect Advisors QP, L.P. (collectively, the “Funds”), which are privately-placed pooled investment vehicles. In addition, Prospect provides investment services to separately managed accounts (the “SMA(s)” or the “Client(s)”). Interests in the Funds are offered to certain qualified Investors as discussed herein. The Funds are long/short funds investing primarily in equities. The Funds’ goal is to generate absolute returns, primarily through long and short investments in publicly traded domestic equities, seeking to protect and grow assets in all market environments. Prospect’s investment philosophy is oriented towards a microeconomic approach to investment selection and risk minimization. Prospect makes investment decisions and attempts to reduce downside risk through in-depth analyses of portfolio companies. The agreement of Limited Partnership, Confidential Offering Memorandum and Subscription Application (collectively, the “Fund Documents”) for the Funds impose
no limits on the types of securities or other instruments in which the Funds may take positions, the type of positions it may take, the concentration of its investments, or the amount of “leverage” the Funds may employ. Prospect has broad discretion to employ a wide variety of investment techniques, even if they involve changes in the investment approach initially anticipated. The Funds’ investments are tailored to comply with the investment guidelines disclosed in the Fund Documents. Each potential Investor receives a complete set of Fund Documents prior to investing in the Funds. The investment strategy employed for SMAs may be similar to that of the Funds. By signing an Investment Advisory Agreement or Sub-Advisory Agreement (the “Agreement”), such Clients designate Prospect as an investment manager or sub-advisor over their account. Certain SMA Agreements impose limits or restrictions on investing in certain securities or types of securities, which is specific to the corresponding Client’s tolerance and goals. Prospect is willing to accept certain restrictions in limited and specific instances through an SMA at the direction of such Clients. Prospect does not provide portfolio management services to a wrap fee program. Assets Under Management As of December 31, 2023, Prospect has $439.7 million in discretionary regulatory assets under management. The Firm does not manage assets on a non-discretionary basis.