Prospect Capital, headquartered in New York City, invests in middle market U.S. companies through debt and equity to generate income and long-term capital appreciation. The firm focuses on secured loans, structured credit, and may acquire controlling interests.
M Grier Eliasek bought 370,000 shares of PSEC on 25 September at $2.71 per share, worth a total of $1.0M. They now own 2,501,130 PSEC shares, or a 17% holding increase.
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