PROSPECT CAPITAL - ABOUT

<BODY BGCOLOR="#FFFFFF"> <TABLE WIDTH="678" BORDER="0" CELLSPACING="0" CELLPADDING="0"> <TR> <TD COLSPAN="2"><TABLE WIDTH="679" BORDER="0" CELLSPACING="0" CELLPADDING="0"> <TR VALIGN="TOP" BGCOLOR="#737486"> <TD><IMG SRC="Images/InHeader.jpg" WIDTH="679" HEIGHT="84"></TD> </TR> <TR VALIGN="TOP" BGCOLOR="#C09759"> <TD> <table border="0" cellpadding="0" cellspacing="0" width="680"> <tr> <td WIDTH="203"><img name="NAVSLICE" src="Images/shim.gif" width="200" height="1" border="0"></td> <td WIDTH="56"><A HREF="#" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.About','document.About','Images/Nav2/ABOUT1.gif','#1119466147700')"><IMG NAME="About" BORDER="0" SRC="Images/Nav2/ABOUT2.gif" WIDTH="54" HEIGHT="17"></A></td> <td WIDTH="65"><A HREF="History.html" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.History','document.History','Images/Nav2/HISTORY2.gif','#1119466172470')"><IMG NAME="History" BORDER="0" SRC="Images/Nav2/HISTORY1.gif" WIDTH="63" HEIGHT="17"></A></td> <td WIDTH="55"><A HREF="Team.html" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.Team','document.Team','Images/Nav2/TEAM2.gif','#1119466200100')"><IMG NAME="Team" BORDER="0" SRC="Images/Nav2/TEAM1.gif" WIDTH="53" HEIGHT="17"></A></td> <td WIDTH="70"><A HREF="Contact.html" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.Contact','document.Contact','Images/Nav2/CONTACT2.gif','#1119466223720')"><IMG NAME="Contact" BORDER="0" SRC="Images/Nav2/CONTACT1.gif" WIDTH="68" HEIGHT="17"></A></td> <td WIDTH="76"><A HREF="Location.html" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.Location','document.Location','Images/Nav2/LOCATION2.gif','#1119466246450')"><IMG NAME="Location" BORDER="0" SRC="Images/Nav2/LOCATION1.gif" WIDTH="74" HEIGHT="17"></A></td> <td WIDTH="56"><A HREF="index.htm" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.Home','document.Home','Images/Nav2/HOME2.gif','#1119466276000')"><IMG NAME="Home" BORDER="0" SRC="Images/Nav2/HOME1.gif" WIDTH="54" HEIGHT="17"></A></td> <td WIDTH="88"><A HREF="LogIn.html" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('document.Log In','document.Log In','Images/Nav2/CLI2.gif','#1119466318520')"><IMG NAME="CLI1" BORDER="0" SRC="Images/Nav2/CLI1.gif" WIDTH="92" HEIGHT="17"></A></td> <td WIDTH="11"><img name="NAVSLICE" src="Images/shim.gif" width="2" height="1" border="0"></td> </tr> </table> </TD> </TR> </TABLE></TD> </TR> <TR> <TD VALIGN="TOP"> <TABLE WIDTH="580" VALIGN="TOP" CELLPADDING="2" CELLSPACING="2" BORDER="0"> <TR> <TD> <P CLASS="Header">ABOUT</P> <P><SPAN CLASS="Body">Prospect Capital, founded by Stuart Hamlyn and William Belhumeur, advises institutional investors, fund of funds, and family offices on their alternative investment portfolios and assists fund managers and private companies with private placements of assets and capital. Our firm concentrates on developing an understanding of investor demand for alternative investment funds and direct company investments, and we assist with the placement of capital to those opportunities. </SPAN></P> <P><SPAN CLASS="Body">Within the hedge fund sector, we have traditionally, concerned ourselves with mid-sized, outstanding hedge funds that have available but limited capacity. These products have spanned a variety of strategies that are typical components of an alternative investment portfolio. We also assist earlier stage managers that we believe have common characteristics fo the most stable and successful hedge funds in the industry. </SPAN></P> <P><SPAN CLASS="Body">Within the private equity sector, our team has diverse experience across industry sectors, including: financial servcies, technology, media, health care, and clean technology/sustainability. Our private equity fund manager engagements specialize in clean technology and sustainability, but we assist investors and private companies thorughout these industry sectors. </SPAN></P> <P><SPAN CLASS="Body">Prospect Capital identifies investment opportunities and performs qualitative manager and company diligence based on our deep network of investor and industry veterans. While we perform the usual diligence on company fundamentals or fund performance, we take pride in our ability to evaluate the pedigree of the management team or fund manager.</SPAN></P> </TD> </TR> </TABLE></TD> <TD VALIGN="TOP"> <TABLE WIDTH="100" BORDER="0" CELLSPACING="2" CELLPADDING="2"> <TR VALIGN="TOP"> <TD> <P> </P> </TD> </TR> </TABLE> </TD> </TR> </TABLE> </BODY>