The PROPHET CAPITAL ASSET MANAGEMENT is a privately held investment adviser that advises $4.2Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. PROPHET CAPITAL ASSET MANAGEMENT is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 21.62% over the last 5-years.
The Group has been registered with the SEC for 16.95 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 303 COLORADO STREET STE 2050, AUSTIN, TEXAS. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 16 employees comprised of 6 investment and 10 non-investment staff. The total number of Employees increased by 23.08% over the last 5-years.
Their $4.2Bn in assets advised are owned by 15 private funds, 0 public funds and BDCs and 5 other accounts. Assets of Insurance Companies clients own $2.23Bn or 53.02% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $1.93Bn or 45.96% of Total Assets.
The Group's top investment strategies include Multi Strat, FI/Credit - Diverse and Traditional LBO, representing 55.48%, 43% and 1.52% of total assets, respectively.
They advise 2 types of clients, top clients are Insurance Companies and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 4 Custodians and 2 Marketers. It does not report a third-party Fund Administrator in 3 private funds with $157.97mn in assets.
The Group discloses management fees and performance-based fees.
PROPHET CAPITAL ASSET MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.