Portfolio (NOT IN USE EITHER 9/4/13)

Portfolio (NOT IN USE EITHER 9/4/13)

Company:

Adapco, Inc.

Description:

Provider of chemical and application services for the control of mosquitoes and mosquito-borne diseases

Transaction:

$19.65 million of Debt Financing and Equity Co-Investment

Adapco, Inc. ("Adapco" or the "Company"), based in Sanford, FL is a leader in the vector disease control field. The Company provides comprehensive, integrated solutions for controlling mosquitoes and mosquito-borne diseases, by offering its customers a complete array of chemicals, equipment, technology, assistance and application services.

Company:

Advanced Rig Services, LLC

Description:

Privately-held provider of fabrication and assembly services to the drilling rig industry

Transaction:

$13.9 million Senior Secured Debt

Advanced Rig Services, LLC ("ARS"), headquartered in Houston, Texas, provides services to the oil and gas drilling rig industry. ARS's rig-up services include (i) the fabrication and procurement of rig components and (ii) the assembly and testing of rigs. ARS serves the U.S. onshore, offshore and international markets.

Company:

Aircraft Fasteners International, LLC

Description:

A leading distributor of high performance hardware for the aerospace, electronics and defense industries.

Transaction:

$13.75 million of Debt Financing and Equity Co-Investment

Aircraft Fasteners International, LLC ("AFI" or the "Company"), is a master stocking distributor specializing in self-locking nuts, threaded inserts, and related high performance hardware for the aerospace, electronics, and defense industries. AFI's products are sold to a diverse customer base of distributors, exporters, and fabricators around the world. The Company, founded in 1964, is based in Marina Del Ray, California.

Company:

AIRMALL USA, Inc.

Description:

Privately-held airport retail developer and manager

Transaction:

$52.4 million of Senior Debt, Subordinated Debt and Equity

AIRMALL USA, Inc. ("AIRMALL") has developed and currently manages all or substantially all of the retail operations within the Boston, Baltimore-Washington, Pittsburgh, and Cleveland international airports. At each of the airports, AIRMALL is responsible for designing, constructing, leasing, and actively managing the retail space, which includes restaurants, lounges, news and gift shops, specialty retail shops, retail services (e.g., ATMs), food courts, and other common areas.

Company:

Ajax Rolled Ring & Machine, Inc.

Description:

Privately-held forger of seamless rolled rings

Transaction:

$39.8 million of Senior Debt, Subordinated Debt and Equity

Ajax Rolled Ring & Machine, Inc. ('Ajax') is a custom forger of seamless rolled rings. The rings range in diameter from 10 to 120 inches and are used in a wide range of industrial applications, including ball and roller bearings, gears and flanges. Ajax also provides heat treating, machining and shot blasting of the forged rings. The rings are consumed in various global end markets, including mining, construction, oil and gas, and power generation. Ajax operates two forging mills within its York, South Carolina, facility.

Company:

American Gilsonite Company

Description:

Privately-held mineral mining and processing company

Transaction:

$15.5 million Senior Subordinated Debt and Equity

American Gilsonite Company operates as an industrial minerals company and is the world's primary miner and processor of uintaite, a variety of asphaltite, a specialty hydrocarbon which the Company markets to industrial customers under its registered trademark name 'Gilsonite'. Gilsonite is believed to be found in commercial quantities only in the Uinta Basin in northeastern Utah. Because of its unique chemical and physical properties, Gilsonite is used in more than 160 products, primarily in dark-colored printing inks and paints, oil well drilling muds and cements, asphalt modifiers, foundry sands additives and a wide variety of chemical products. The Company sells its products to customers in four primary markets: (i) oil and gas, (ii) inks and paints, (iii) foundry and (iv) asphalt.

Company:

American Importing Company, Inc. and Ann’s House of Nuts Inc. (“Ann’s”)

Description:

Privately-held healthy snacks manufacturer and marketer

Transaction:

$15.0 million Senior Subordinated Debt

American Importing Company, Inc. (“Amport”) and Ann’s House of Nuts Inc. (“Ann’s”), headquartered in Minneapolis, Minnesota, are together the largest private label manufacturer and marketer of trail mixes and dried fruits in North America.

Company:

Anchor Hocking, LLC

Description:

Anchor is a leading designer, manufacturer, and marketer of high quality glass products

Transaction:

$23.0 million of Senior Debt

Based in Lancaster, Ohio, Anchor Hocking, LLC is a leading designer, manufacturer, and marketer of high quality glass products for the retail, food service, and OEM channels. With the broadest product offering in the industry, Anchor is a significant producer of beverageware, serveware, bakeware, storageware, candle containers, and other products. For over 100 years, Anchor has been offering innovative products that meet developing customer trends and has grown to become the second largest supplier of glassware in the United States. The "Anchor" brand name is synonymous with quality, value, and leading customer service.

Company:

Appalachian Energy Holdings, LLC

Description:

Privately-held oilfield and coal services business with operations in West Virginia, Virginia and Kentucky

Transaction:

$5.6 million of Senior Secured Debt, $200,000 Preferred Equity plus Warrants

Appalachian Energy Holdings, LLC ("AEH") provides site preparation and other services to oil, gas and coal producers in West Virginia, Virginia and Kentucky. For oil and gas producers, AEH performs drilling site preparation, pipeline construction and ancillary services. For coal producers, AEH conducts tree clearing and other mine site development and construction. AEH serves a diverse set of customers, including top Appalachian coal, oil and gas producers.

Company:

Arrowhead General Insurance Agency, Inc.

Description:

Privately-held insurance agency and program specialist

Transaction:

$27.0 million of Senior Debt

Based in San Diego, California, Arrowhead General Insurance Agency, Inc. Arrowhead is one of the largest privately-held general insurance agencies and program specialists in the United States. Arrowhead was established in 1983 and offers a broad range of quality insurance products to a national network of independent brokers.

Company:

Biotronic

Description:

Privately-held healthcare services firm

Transaction:

$28.3 million Senior Debt and Equity

Biotronic is a provider of intraoperative neuromonitoring ("IONM") services to assist surgeons who are performing various types of surgeries, including orthopedic, spinal and vascular. IONM monitors critical nerve functions during the course of a surgery to ensure that there is no damage to the nervous system and reverses any damage before it becomes permanent. Biotronic is the number one player in the IONM space and has operations in 14 states with a concentration in the Midwest and South U.S. The company provides both technical and professional neuromonitoring services to hospitals, which are moving towards increased outsourcing of IONM services to independent providers such as Biotronic.

Company:

Borga, Inc.

Description:

Manufacturer of prefabricated metal building systems and components for the agricultural, commercial and industrial markets

Transaction:

$14.0 million One-Stop Financing

Borga, Inc. was founded in 1984 and is located in Fowler, CA. The company manufactures pre-engineered metal buildings and components for the agricultural and light industrial markets. During manufacturing, rolled steel is bent into a wave-like pattern, or “folded web”, thereby increasing structural strength while decreasing weight and cost.

Company:

Boxercraft, Inc.

Description:

A leading supplier of speciality apparel

Transaction:

$21.0 million of Debt Financing and Equity Co-Investment

Boxercraft, Inc. is a supplier of specialty apparel, including spirit wear, campus apparel and licensed collegiate apparel. Boxercraft was founded in 1985 by the current CEO Jon Carroll and was one of the first companies to identify and capitalize on the "underwear to outerwear" trend. The company's products are sold to a diversified and loyal customer base of decorators (screen printers and embroiderers) and promotional product distributors, as well as retail outlets and resorts throughout the U.S.

Company:

C&J Cladding, LLC

Description:

Privately-held provider of cladding services

Transaction:

$6 million of Senior Secured Debt plus Warrants (Debt repaid)

C&J Cladding, LLC ("C&J"), located in Houston, Texas, owns one of the largest arrays of automated cladding machines in the industry, selling its services to machine shops and oilfield equipment manufacturers. C&J specializes in cladding onshore and offshore drilling production components. Cladding is a process of welding a bonding material onto a base metal, where the bonding material then acts as a shield to protect the metal from erosion as highly corrosive fluids pass through the wellhead.

Company:

Caleel + Hayden, LLC (d/b/a GloProfessional)

Description:

Developer and marketer of professional skincare and cosmetics products

Transaction:

$25.5 million of Debt Financing and Equity Co-Investment

Caleel + Hayden, LLC (d/b/a GloProfessional) develops, markets and distributes branded skincare and cosmetic products through specialty retail channels throughout the U.S. and internationally. The company's product line includes brands such as gloProfessional, glominerals, and glotheraputic, among others. The company is headquartered in Denver, Colorado.

Company:

Capstone Logistics LLC

Description:

Provider of outsourced, productivity-driven workforce solutions

Transaction:

Sole Agent and Lead Lender in $132 Million Senior Secured Facility

Based in Atlanta Capstone has a national presence, servicing 54 clients at 219 facilities in 42 states through over 5,000 company employees. Capstone’s comprehensive workforce solutions allows distribution and manufacturing center operators to outsource mission-critical (though non-core) labor-intensive elements of their supply chains.

Company:

Castro Cheese Company, Inc.

Description:

Privately-held producer of Hispanic cheese and cream products

Transaction:

$7.4 million of Senior Subordinated Debt (Debt repaid)

Castro Cheese Company is a leading manufacturer, marketer and distributor of queso fresco and other varieties of Hispanic cheeses and creams. Castro's products are marketed under the 'La Vaquita' brand and are known for their quality, authenticity and freshness. Company founder Maria Castro emigrated to Houston from M'co in 1971, and soon found high demand among friends and neighbors for her authentic Queso Fresco cheese. She converted her family's garage into a mini-factory, but soon expanded into larger facilities in Houston and incorporated Castro Cheese Company in 1977. Today, the Company is the second largest Hispanic cheese company in the U.S. with a highly trained staff dedicated both to the quality of their 'La Vaquita' brand products and to the family spirit that exists through the Company.

Company:

Charlevoix Energy Trading, LLC

Description:

Privately-held natural gas marketing business serving customers in Michigan.

Transaction:

$5.5 million Senior Secured Debt plus Net Profits Interest (Repaid in full)

Charlevoix Energy Trading, LLC ("CET") is a privately-held natural gas marketing company based in Charlevoix, Michigan. The company sells approximately 20 Bcf per year of natural gas to approximately 300 commercial, institutional and industrial customers across Michigan. Natural gas is supplied by Coral Energy, a subsidiary of Shell Oil Company, under back-to-back contracts that minimize CET’s exposure to natural gas price movement.

Company:

Clearwater Seafoods Limited Partnership

Description:

Publicly-traded seafood harvester and processor

Transaction:

$45.0 Million Senior Subordinated Debt

Clearwater Seafoods Limited Partnership (“Clearwater”), headquartered in Nova Scotia and publicly-traded on the Toronto stock exchange as CLR, is one of North America’s largest harvester and processor of lobster, scallops, and other shellfish exporting nearly 80% of its production around the world. The company is a major holder of shell fish quotas for the Maritime Provinces and Argentina, and is a leader in sustainable aquaculture practices.

Company:

Conquest Cherokee, LLC

Description:

Privately-held oil and gas producer operating in the Cherokee Basin

Transaction:

$10.2 million of Senior Secured Notes, ORRI and NPI

Based in Nashville, Tennessee, Conquest Cherokee, LLC ("Conquest") focuses on shallow coalbed methane ("CBM") production in the Cherokee Basin in Southeastern Kansas, with over 50,000 net acres under lease throughout Wilson, Montgomery, Neosho, Labette, and Chautauqua counties. Conquest has a proprietary software mapping and database system allowing it to select drilling targets throughout the Cherokee Basin.

Company:

Copernicus Group IRB

Description:

Provider of central Institutional Review Board (IRB) services

Transaction:

$32.5 million of Debt Financing and Equity Co-Investment

Copernicus Group IRB is a Research Triangle Park-based independent institutional review board (IRB). IRBs serve as independent safety and ethics reviewers for human-based pharmaceutical trials, providing approving or disapproving opinions on a variety of clinical trial components, including trial protocol, advertisements used for patient recruitment, and the credentials of participating principal investigators, among other things.

Company:

Cougar Pressure Control (formerly "Arctic Acquisition Corp.")

Description:

Privately-held oilfield services business with operations in East, South and Central Texas

Transaction:

$14.9 million of Senior Secured Debt plus Warrants (Repaid in full)

Cougar Pressure Control ("Cougar") provides high pressure coil tubing workovers and related services to oil and gas producers in East, South and Central Texas. The company operates trailer-mounted coil tubing units, pressure pumping units, and pressurized nitrogen tanks out of three yards in Kilgore, Alice and Houston, Texas. Cougar has a diversified customer base which includes many of the largest oil and gas producers in the Gulf Coast region.

Company:

Custom Direct, Inc

Description:

Provider of printed checks and accessories directly to consumers

Transaction:

$2.0 million of Senior Debt (Debt repaid)

Based in Joppa, Maryland, Custom Direct, Inc. ("Custom Direct" or the "Company") is the second largest direct to consumer ("DTC") provider of printed checks and accessories in the United States. The Company was founded in 1992 and offers over 825 check designs and a variety of on-demand, custom-printed products for consumers and small businesses.

Company:

Cypress Consulting Services, Inc.

Description:

Privately-held oilfield services business focused on seismic data acquisition

Transaction:

$4.3 million of Senior Secured Debt plus Net Profits Interest (Repaid in full)

Cypress provides services associated with seismic surveying and oil and gas production. The company operates a fleet of mobile drilling rigs used to drill shallow used to gather seismic data. Other services include project management, surveying, permitting and procurement of casing and tubulars. The company is headquartered in Houston, Texas, and provides its services primarily to US onshore operations.

Company:

Deb Shops

Description:

Privately-held teen and plus-size retailer

Transaction:

$15.0 million Second Lien Debt

Deb Shops is a value-oriented apparel retailer to junior and plus-size female consumers between the ages of 13 and 25. Deb Stores operates 337 specialty apparel retail stores, of which 188 offer plus-size departments. The company has been in business since 1932 and has been a junior apparel retailer for the past 35 years. Deb Shops operates primarily in the Northeast and Midwest but has medium-term plans to expand into Florida and the Southwest, including Texas.

Company:

Deep Down, Inc.

Description:

Publicly-held provider of deepwater installation management and engineering services and fabricator of subsea hardware

Transaction:

$12 million of Senior Secured Debt plus Warrants (Repaid in full)

Deep Down, Inc. ("Deep Down") is located in Houston, Texas, and provides installation management and engineering services for subsea applications. Deep Down also produces a line of specialized products, including umbilical hardware between platform and subsea wellheads, flow lines, distribution systems, steel flying leads, morays, bend stiffner latchers, carousels, umbilical terminations, controls, winches, and launch and retrieval systems.

Company:

Diamondback Operating, LP

Description:

Privately-held gas developer with approximately 40,000 gross acres available for development in Edwards and Real counties in the Kerr Basin of Southwest Texas

Transaction:

$9.2 million of Senior Secured Notes with Net Profit Interest (Repaid in full)

Diamondback Operating, LP ("Diamondback"), is an oil and gas production company based in Tulsa, Oklahoma, which has assembled an approximately 40,000 acre position in the Rock Springs project in Edwards and Real counties in the Kerr Basin of Southwest Texas. Diamondback produces gas from the Wolfcamp coalbed methane and the Canyon sands. Diamondback is a subsidiary of Patrick Petroleum, LLC, an oil and gas development and production company founded in 1998 by Mark Patrick and U.E. "Pat" Patrick. The principals of Diamondback have built an extensive track record managing coalbed methane and other oil and gas projects in the Cherokee Basin, Arkoma Basin, and elsewhere. Pat Patrick was previously the CEO of Patrick Petroleum Company, a NYSE company with over 300 employees and eight division offices. Patrick Petroleum Company was sold to Goodrich Petroleum Company in 1995. Diamondback is utilizing Prospect's financing for development drilling and repayment of existing liabilities. Prospect's investment is in the form of a senior secured debt instrument with a first lien on all assets of Diamondback. Prospect has received a net profit interest in Diamondback as part of its investment.

Company:

EXL Acquisition Corp

Description:

Manufacturer of lab testing supplies

Transaction:

$19.65 million One-Stop Financing (Debt repaid)

EXL Acquisition Corp ("EXL") manufactures and markets a wide range of testing products that are used in environmental testing laboratories. EXL offers a broad product line of over 1,400 products to its customers.

Company:

Fischbein, LLC

Description:

Manufacturer of highly engineered packaging and material handling equipment

Transaction:

$6.9 million Subordinated Debt and Equity

Fischbein, LLC ("Fischbein") designs, manufactures, and distributes packaging and material handling equipment. The Company offers filling, weighing, closing, handling, palletizing equipment, and sewing and sealing equipment. Fischbein is headquartered in Statesville, North Carolina.

Company:

Freedom Marine Services, LLC

Description:

Privately-held provider of offshore supply vessel services in the Gulf of Mexico

Transaction:

$6.5 million of Subordinated Debt plus Net Profits Interest

Freedom Marine Services, LLC ("Freedom") is based in Houma, Louisiana. The company owns and operates three offshore supply vessels ranging in size from 165' to 200'. The fully-crewed vessels are leased by customers engaged in oil and gas drilling and production in the Gulf of Mexico in order to transport equipment, supplies and workers to offshore locations.

Company:

Gas Solutions Holdings, Inc.

Description:

Privately-held natural gas processing business in East Texas

Transaction:

$23.7 million of Subordinated Debt and Equity

Based in Longview Texas, Gas Solutions Holdings, Inc. ("Gas Solutions") operates a major gas gathering system in the East Texas field in Gregg, Upshur, and Rusk Counties. The system gathers both casinghead gas from the East Texas oil field as well as gas well gas from the Travis Peak and Cotton Valley gas formations. Gas Solutions also operates two gas processing facilities in Longview and Chapel Hill . Gas Solutions provides compression, processing, and other services to oil and gas producers in the region. The processing plants produce several natural gas liquids, including ethane, propane, isobutane, n-butane, and natural gasoline.

Company:

H&M Oil & Gas, LLC

Description:

Privately-held oil and gas developer with approximately 8,000 acres available for development in the Spraberry and Wolfcamp trend in Martin County, Texas

Transaction:

$50.5 million of Senior Secured Notes with Net Profits Interest

Established in 2002, H&M is an oil and gas production and development company focused on Texas. H&M has approximately 8,000 acres under lease in the Spraberry and Wolfcamp trend in Martin County in West Texas. H&M is led by David Jones, who has more than two decades of experience as a general manager in the oil and gas industry. H&M is majority owned and controlled by a private equity sponsor in Chicago.

Company:

Hudson Products Holdings, Inc

Description:

Global provider of heat transfer solutions to various energy related end markets

Transaction:

$7.5 million Senior Debt

Hudson Products Holdings, Inc. ("Hudson"), based in Sugar Land, Texas, is a leading global provider of new and aftermarket heat transfer solutions to the oil industry, petrochemical, oil sands processing, power generation, and other high growth energy and industrial sectors. Hudson has a strong global presence with manufacturing operations in the U.S., Canada, Europe, Mexico, China, and the Middle East and a sales network that spans over 20 countries.

Company:

Hoffmaster, Inc.

Description:

Manufacturer and supplier of disposable paper-based tableware products

Transaction:

$20.0 million of Debt Financing

Hoffmaster is a manufacturer and supplier of disposable paper-based tableware products such as decorative and custom printed napkins, placemats, table covers, tray covers, guest towels and doilies. The Company focuses on two primary customer segments, (i) Foodservice (focused on restaurants, lodging, healthcare providers, airlines and country clubs via distributors) and (ii) Consumer (focused on the individual retail customer).

Company:

IEC Systems, LP

Description:

Privately-held provider of electrical products and services to the drilling rig industry

Transaction:

$23.2 million Senior Secured Debt

IEC Systems, LP ("IEC"), headquartered in Houston, Texas, provides a full suite of electrical products and services to the drilling rig industry. IEC's three primary services are: (i) electrical system design, installation and repair; (ii) manufacturing and sale of electrical control centers for rigs (both 'SCR' and 'VFD' systems); and (iii) electrical parts sales.

Company:

Impact Products, LLC

Description:

A leading supplier of branded and private-label non-chemical commercial cleaning, maintenance and related products

Transaction:

$13.0 million Junior Secured Term and Senior Subordinated Debt Financing (Debt repaid)

Impact Products, LLC ("Impact"), based in Toledo, Ohio, is a leading supplier of branded and private-label non-chemical commercial cleaning, maintenance, safety and related products. The company offers a full line of floorcare, clean-up, receptacles, washroom, dispensing, personal protection, and safety products for the sanitary maintenance, foodservice, safety, and industrial markets. Impact was founded in 1963.

Company:

Iron Horse Coiled Tubing, Inc.

Description:

Privately-held oilfield and gas field company based in Alberta, Canada

Transaction:

$18.9 million Senior Secured Debt plus Common Stock

Iron Horse is an energy services company based in Alberta, Canada, which focuses on fracture stimulation for gas wells. Iron Horse uses a growing fleet of state-of-the-art fracturing equipment and coiled tubing rigs to provide a full suite of fracturing services to major gas production companies.

Company:

J.D. Byrider

Description:

Privately-held used car sales and finance business

Transaction:

$25.0 million of Senior Subordinated Debt

J.D. Byrider is a leading used car sales and finance business. J.D. Byrider has 127 company-owned and franchised dealerships in 29 states, with nearly one million vehicles sold during J.D. Byrider’s history. J.D. Byrider was founded in 1989 and is headquartered near in Carmel, Indiana

Company:

Jordan Health Services

Description:

Leading home healthcare services provider

Transaction:

$15.3 million of Second Lien Debt

Jordan Health Services is one of the largest providers of home healthcare services in Texas, providing services to over 13,000 patients throughout the state. Over its 35-year history, Jordan has established or acquired 28 locations that serve 174 counties across Texas. The Company leverages its scale and sophisticated operating platform to provide a full array of services to clients participating in state Medicaid programs and Medicare, including personal care and various skilled-nursing services. Jordan is based in Mt. Vernon, Texas, and owned by affiliates of Palladium Equity Partners.

Company:

Ken-Tex Energy Corp.

Description:

Privately-held gas developer with approximately 18,000 net acres available for development in the Brookeland Field in San Augustine, Jasper and Angelina Counties, TX.

Transaction:

$10.75 million of Senior Secured Notes with Net Profits Interest and ORRI (Repaid in full)

Founded in 1995, Ken-Tex is an independent energy company engaged in the development and production of crude oil and natural gas hydrocarbons in East Texas. Ken-Tex owns 18,000 net acres in the Brookeland Field in San Augustine, Jasper, and Angelina Counties in the vicinity of the Sam Rayburn Reservoir. The Brookeland Field is part of the Austin Chalk play, a prolific, fractured oil reservoir stretching from Texas to Louisiana. Ken-Tex focuses on the drilling of K-lateral wells in new and existing wellbores to maximize recovery of leased reserves. Ken-Tex is led by Samuel Spicer, who has more than two decades of experience in the oil and gas industry, and who serves on the board of directors of Sovereign Bank in Dallas.

Ken-Tex is utilizing Prospect's financing for the acquisition of a larger working interest in its leasehold, the drilling of additional K-laterals, and the acquisition of adjacent leases. Prospect's investment is in the form of a senior secured debt instrument with a first lien on all assets of Ken-Tex, including receivables, wells, leases, pipelines, and other surface infrastructure. Prospect has received a significant overriding royalty interest and net profit interest as part of its investment.

Company:

KTPS Holdings, LLC

Description:

A leading manufacturer and marketer of specialty canine and pet products

Transaction:

$14.75 million of Debt Financing and Equity Co-Investment

KTPS Holdings, LLC ("KTPS") is the combination of Ray Allen Manufacturing (“Ray Allen”) and K&H Manufacturing ("K&H"). Ray Allen is a manufacturer and direct marketer of canine training products to the law enforcement, military, and working dog niche market. The Company sells primarily through its catalog to a core customer base of approximately 8,500 canine handlers. K&H is a provider of thermal pet products, including indoor and outdoor heated beds, mats, and throws for cats and small animals. KTPS is headquartered in Colorado Springs, Colorado.

Company:

LabelCorp Holdings, Inc

Description:

Leading provider of prime labels to a broad range of end markets

Transaction:

$7.5 million Senior Debt

LabelCorp Holdings, Inc. is one of the largest suppliers of prime labels in North America to the following markets: consumer products, wine and spirits, food and beverage, and pharmaceutical markets. These markets value the visually attractive nature of prime labels that York provides from one of its 14 factories spread across North America and Chile.

Company:

LHC Holdings

Description:

Florida-based home healthcare company

Transaction:

$10.79 million of Debt Financing and Equity Co-Investment

LHC Holdings ("LHC") is a home healthcare company based in Palm Beach, Florida. The company offers a wide range of home care services from providing assistance to individuals to complete routine daily activities. LHC mainly operates in Florida through six locations.

Company:

Mac & Massey, LLC

Description:

A leading distributor and broker of food ingredients

Transaction:

$7.5 million Junior Debt Financing and Equity Co-Investment

Mac & Massey, LLC is a food ingredient brokerage and distribution business. Founded in 1929, Massey Fair is a broker for leading suppliers of food ingredients. Massey Fair acts as a manufacturer's representative for primarily bulk, commodity ingredients to primarily food manufacturers. The company was founded in 1929 and currently has offices in Atlanta, Georgia and Dallas, Texas.

Company:

Maverick Healthcare, Inc.

Description:

Regional Home Healthcare Company

Transaction:

$13.75 million ($12.5 million of Second Lien Debt plus $1.25 million of Equity)

Maverick Healthcare, doing business as Preferred Homecare ("Preferred"), is a leading home healthcare products and services provider in Mesa, Arizona and focuses on the Southwestern United States. Founded in 1997, Preferred has approximately 550 employees and contractors through 27 facilities in Arizona, California, Colorado, New Mexico, and Nevada. The company also operates eight independent sleep diagnostic testing facilities. Preferred's diversified services include home respiratory therapy, durable medical equipment, rehabilitation equipment, home infusion therapy, and sleep diagnostic testing services.

Maverick was acquired by Beecken Petty O'Keefe & Company, LLC ("BPOC"), a Chicago-based private equity firm founded in 1996 and exclusively focused on the healthcare industry. Prospect's second lien secured debt supported the acquisition of Maverick. Prospect has also made a small equity co-investment as part of its investment.

Company:

Miller Petroleum, Inc.

Description:

Publicly-traded (OTC BB: MILL) oil and gas producer with 36,000 net acres under lease in Tennessee’s Appalachian Basin.

Transaction:

$3.15 million of Senior Secured Convertible Notes plus Warrants (Debt repaid)

Huntsville, TN-based Miller Petroleum, Inc. (MILL) is a cash-flowing oil and natural gas company with 36,000 net acres under lease in the heart of Tennessee’s prolific and hydrocarbon rich Appalachian Basin. Miller’s production acreage position consists of the Jellico, Lindsay, Koppers North, Koppers South and Harriman Fields. Miller currently has 46 producing wells. Beginning in 1967, the company’s CEO, Deloy Miller, has a successful track record spanning over thirty five years in this Basin’s oil and gas industry. The Miller companies have drilled or serviced more than 65% of all the wells in Tennessee.

Company:

Nobel Learning Communities

Description:

Operator of over private schools throughout the US

Transaction:

$15.0 million of Debt Financing

Nobel Learning Communities (“Nobel Learning” or the “Company”) is a leading national operator of private schools. Nobel Learning operates a network of more than 180 private schools, including preschools, K-8 schools, and high schools, with a commitment to deliver outstanding education at all levels. Nobel Learning's proprietary, standards-based curriculum enables teachers to build the right skills at each developmental stage in a manner appropriate for each child's individual learning style.

Company:

Northwestern Management Services (d/b/a Gentle Dental)

Description:

Dental practice management company

Transaction:

$22.0 million of Debt Financing and Equity Co-Investment

Northwestern Management Services, based in Boca Raton, Florida, is a leading dental practice management company in the Southeastern Florida market. The company primarily provides needs-based dental care (preventative care, crowns, bridges, periodontist (gum) work, root canals, etc.).

Company:

NRG Manufacturing, Inc.

Description:

Privately-held metal fabricator of drilling rig components

Transaction:

$12.3 million of Senior Debt and Equity

NRG Manufacturing, Inc. ("NRG") is a custom fabricator of high quality code vessels, atmospheric tanks, structural steel skids, tanks and platforms. The company has three manufacturing facilities in Houston, Texas. with over 120,000 square feet of manufacturing space for engineering, fabrication and installation. NRG's markets include offshore and onshore drilling, petrochemical, refining, filtration and pharmaceutical markets.

Company:

Nupla Corporation

Description:

A leading manufacturer of professional, high-grade fiberglass-handled striking and digging tools

Transaction:

$11.25 million of Debt Financing and Equity Co-Investment

Nupla Corporation ("NC") is a leading U.S. manufacturer of specialty industrial-grade striking, digging and cutting tools. The company sells its products through a global network of multiple channels including industrial distributors, direct sales to OEMs, Industrial hardware, Export, Fire equipment distributors and others.

Company:

Peerless Manufacturing Co.

Description:

Publicly-held provider of separation filtration equipment and environmental systems for the reduction of air pollution

Transaction:

$20.0 million of 2nd Lien Subordinated Debt (Repaid in full)

Peerless Manufacturing Co. ('Peerless'), located in Houston, TX, is a global leader serving the energy industry around the world. Peerless designs, manufactures and supplies a wide range of compact, high efficiency separation filtration equipment and environmental systems for the reduction of air pollution.

Company:

Pinnacle Treatment Centers, Inc.

Description:

Provider of In-Patient and Out-Patient Addiction Treatment Services

Transaction:

$19 million of Senior Secured Debt

Pinnacle Treatment Centers, inc. is an addiction treatment business with 15 locations in PA and NJ. Pinnacle provides the complete continuum of care, including medication and non-medication assisted out-patient services and in-patient treatment, including detoxification, residential treatment and sober living.

Company:

Prince Mineral Company

Description:

Producer and marketer of specialty minerals

Transaction:

$23.3 million Junior Secured Term Debt and Senior Subordinated Debt

Prince Mineral Company ("Prince") is a leading international processor and marketer of specialty industrial minerals with an important position in numerous industrial and agricultural applications. Headquartered in New York City, with production facilities and sales offices worldwide, Prince Minerals is able to supply its customers with quality products on a global basis.

Company:

Progressive Logistics Services, LLC

Description:

Provider of outsourced, productivity-driven workforce solutions

Transaction:

$30.0 million of Senior Debt

Founded in 1996 and based in Atlanta, Progressive Logistics Services, LLC (“PLS”) is the leading national provider of outsourced, productivity-driven workforce solutions for supply chains in the grocery, foodservice, retail and specialty automotive industries. PLS’ core service is to provide freight unloading/loading services at clients’ Distribution Centers as well as ancillary services such as freight running, product selecting and inventory auditing. PLS services 32 blue-chip clients at 116 Distribution Centers in 38 states.

Company:

Progrexion Holdings, LLC

Description:

Provider of credit repair services.

Transaction:

$68 million of Senior Secured Debt Financing

Progrexion Holdings, LLC (“Progrexion” or the “Company”), headquartered in Salt Lake City, Utah, holds the #1 market share in the credit repair industry. Progrexion and its Lexington Law attorney network improve credit scores on behalf of their customers by correcting errors on their credit reports or by requesting verification of the accuracy of information.

Company:

Qualitest Pharmaceuticals

Description:

Generic pharmaceuticals manufacturing company

Transaction:

$12 million of Second Lien Debt

Qualitest Pharmaceuticals is a fully-integrated developer, manufacturer, and marketer of generic prescription pharmaceuticals and over-the-counter products with a focus on attractive specialized niche areas, including generic liquids, semi-solids, and narcotics. Qualitest, with more than 400 products and a robust pipeline of future launches, is a top 10 national supplier in terms of volume and revenues. Qualitest distributes its finished products to major drug wholesalers, large pharmacy chains, and independent pharmacies throughout the United States.

Qualitest was acquired by an affiliate of Apax Partners Worldwide LLP ("Apax"), a global private equity group with more than $20 billion in assets under management and a nearly 20 year track record of healthcare and diversified sector investing. Prospect supported the Apax acquisition through its second lien debt investment.

Company:

R-V Industries, Inc.

Description:

Privately-held diversified metal fabricator

Transaction:

$5.0 million of Equity (Debt repaid)

R-V Industries, Inc. ("R-V") is a diversified engineering and metal fabrication company with three facilities in and around Honey Brook, Pennsylvania. The company designs, machines and welds metal components and assemblies. Customers are primarily U.S. companies operating in the power generation, paper mill, life sciences and petrochemical industries.

Company:

re:fuel

Description:

Niche market media buying company

Transaction:

$30.5 million of Senior Debt, Subordinated Debt and Equity

re:fuel (“re:fuel” or the “Company”) is a leading marketing firm that develops and deploys scalable media and promotional solutions for a wide range of brands, including half of the Fortune 100, to effectively connect with niche youth, military, and multicultural consumer markets. The Company provides marketers and advertisers access to these difficult-to-reach demographics through targeted publications, out-of-home assets, on-site marketing and sampling programs. Over its multi-decade history in the media industry, the Company has developed deep vendor relationships with colleges and universities, all major military bases, and key multicultural partners throughout the U.S. http://refuelnow.com/html/careers.html


Company:

Regional Management Corp.

Description:

Consumer finance installment loan company with branch offices in South Carolina, Texas, North Carolina and Tennessee

Transaction:

$25 million of Senior Subordinated Debt (Debt repaid)

Regional Management Corporation ("RMC") is one of the leading consumer finance installment loan companies in the United States. The Company's credit products are offered to consumers who have limited access to traditional sources of credit to finance auto purchases or repairs, pay medical bills, and fill other short-term credit needs. RMC, which has been growing rapidly in the Southeast across multiple economic cycles, operates more than 110 branch offices in several states including South Carolina, Texas, North Carolina and Tennessee. Typical loan sizes are less than $5,000 per customer.

Palladium Equity Partners, a private equity firm based in New York, and Parallel Investment Partners, a private equity firm based in Dallas, co-sponsored the recapitalization of RMC in March 2007 in partnership with management. Prospect's debt capital is being utilized by RMC to recapitalize a bridge loan by Palladium and Parallel and to provide capital for add-on acquisitions.

Company:

Resco Products, Inc.

Description:

Designer and manufacturer of refractory materials based in Pittsburgh, Pennsylvania

Transaction:

$10 million of Second Lien Debt (Debt repaid)

Resco is a leading designer and manufacturer of refractory materials. Refractories are consumable materials used as protective linings for high temperature furnaces, containers carrying molten metals, and a range of other harsh environment industrial situations. Process applications include power generation, refineries, petrochemical plants, steel mills, paper mills, cement plants, non-ferrous metal plants, incineration facilities, and other sectors. Due to wear-and-tear from harsh operating environments, refractory materials need to be frequently replaced, creating recurring revenues for refractory companies.

Resco has been owned since September 2005 by Hancock Park Associates, a private equity firm based in Los Angeles. Resco has completed several acquisitions under its private equity fund ownership.

Resco completed a dividend recapitalization in June 2007, led by PNC Bank ("PNC"). Prospect shortly thereafter purchased its second lien debt investment in Resco from PNC as part of PNC's post-closing syndication process.

Company:

ROM Corporation

Description:

A leading manufacturer of roll up doors for emergency vehicles, and bulkheads and trailer ramps for the transportation industry

Transaction:

$28.15 million One-Stop Debt Financing

Founded in 1947 as Roll-O-Matic Chain Company and based in Belron, Missouri, ROM Corporation ("ROM") manufactures innovative niche products for the fire safety and food transportation industries. Its primary product categories include shutter doors used on emergency, rescue, and military vehicles; ramps and ramp carriers for the commercial trucking/delivery market; and bulkheads and security closures. ROM's branded products are widely-recognized by customers as superior products.

Company:

Royal Adhesives & Sealants

Description:

Producer of proprietary, high-performance adhesives and sealants

Transaction:

$25 million of Debt Financing

Headquartered in South Bend, Indiana, the company offers a broad range of specialty formulated products designed to solve complex bonding, laminating, and sealing applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive, and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based, and water-based technologies to meet the most demanding adhesive and sealant applications.

Company:

Safe-Guard Products International, LLC

Description:

Provider of finance and insurance products

Transaction:

$60.0 million of Debt Financing

Safe-Guard provides finance and insurance products that protect consumers from certain risks related to owning automobiles, recreational vehicles, boats and motorcycles. These risks are not typically covered by mandatory vehicle insurance. Safe-Guard provides a comprehensive outsourced solution to its clients of day-to-day management of ancillary finance and insurance products sold at the dealership level. The Company serves as the de facto customer service department for auto dealers’ ancillary F&I operations and becomes a key touch point to the end-user. Safe-Guard’s products include guaranteed asset protection ("GAP") insurance, tire and wheel protection, theft protection, lease wear and tear protection, roadside assistance and planned vehicle maintenance products and services. Safe-Guard serves dealers, financial institutions, manufacturers, and finance and insurance agencies.

Company:

Seaton Corp.

Description:

Privately-held provider of recruiting and staffing services for light industrial applications

Transaction:

$12.3 million of Debt Financing

Seaton Corp. ("Seaton" or the "Company"), based in Chicago, IL, is a leading provider of recruiting, Vendor-On-Premise staffing, and end-to-end supplier management solutions for strategic users of contingent labor. Seaton conducts its staffing and recruiting activities from a centralized location using a proprietary IT system developed by the Company and an integrated call center function that enables the Company to recruit and screen employment candidates.

Company:

Shearer's Foods, Inc.

Description:

Privately-held snack food producer

Transaction:

$35 million Secured Junior Loan

Shearer's Foods, Inc. is a leading producer of high quality seasoned snack foods and related products. Founded in 1974, Shearer's is the largest U.S. producer of kettle chips, the fastest growing potato chip category. The company also maintains a strong position in traditional potato chips, tortilla chips, pretzels, ready-to-eat popcorn, cheese curls and other snack products. Shearer's serves a blue-chip list of co-pack, branded, private label, and food service customers.

Company:

Sidump'r Trailer Company Inc.

Description:

A leading manufacturer of side-dump trailers.

Transaction:

$9.15 million Senior and Junior Secured Financing

Sidump'r Trailer Company Inc. ("Sidump'r" or the "Company") is a manufacturer of patented bi-directional, branded side-dump trailers that are used in the construction, agriculture, and general industrial end markets. The company is located in Plainview, Nebraska.

Company:

Skillsoft Plc

Description:

Provider of e-learning materials for corporations

Transaction:

$15.0 million of Debt Financing

SkillSoft is a leading SaaS provider of on demand e-learning and performance support solutions for global enterprises, government, education and small to medium-sized businesses. SkillSoft enables business organizations to maximize business performance through a combination of comprehensive e-learning content, online information resources, flexible learning technologies and support services. Skillsoft is controlled by affiliates of a sponsor consortium that includes Berkshire Partners, Advent International and Bain Capital.

Company:

SMART, LLC

Description:

Provider of tuition management services to private schools throughout the U.S.

Transaction:

$13.0 million of Debt Financing and Equity Co-Investment

SMART, LLC ("SMART") is the holding company for the assets of SMART Tuition Management Services, Inc. and InTuition, which both provide tuition management and collection services to private schools.

Company:

SonicWALL, Inc.

Description:

Leading provider of network security systems

Transaction:

$21 million of Secured Debt Investment

SonicWALL designs, develops, manufactures, and sells network security, content security, and business continuity solutions for businesses of all sizes. SonicWALL's products are designed to provide secure Internet access to both wired and wireless broadband customers, enable secure Internet-based connectivity for distributed organizations, inspect the content entering and leaving the networks, protect organizations against inbound and outbound email threats, and provide business continuity in the case of data or connectivity loss. Additionally, SonicWALL also offers services such as content filtering, anti-spam protection, client anti-virus protection, integrated gateway anti-virus, anti-spyware, email protection, offsite data backup, and intrusion prevention on a subscription basis. SonicWALL sells its products and services through a two-tiered distribution model: first to distributors and then to resellers, who in turn service the end-user customers.

Company:

Sport Helmets, Inc (d/b/a Cascade)

Description:

Manufacturer and marketer of protective headgear

Transaction:

$25.0 million One-Stop Debt Financing and Equity Co-Investment

Based in Liverpool, New York, Sport Helmets, Inc., doing business as Cascade ("Cascade"), manufactures and markets protective headgear primarily for men’s lacrosse and women's lacrosse / field hockey, as well as ice hockey. The company primarily sells its products through specialty retailers, and offers customizable products with 24 to 48 hour turnaround.

Company:

Stauber Performance Ingredients, Inc.

Description:

Distributor of Nutraceutical Ingredients

Transaction:

$28.2 million One-Stop Debt Financing

Headquartered in Fullerton, California, Stauber offers the finest quality ingredients to the food, pharmaceutical, cosmetic, and health food supplement industries. Stauber has cultivated longstanding relationships with its customer and supplier base over Stauber's 40 year history by focusing on providing the highest level of product and service.

Company:

Stryker Energy, LLC

Description:

Privately-held oil and gas producer operating in the Appalachian Basin

Transaction:

$35 million Subordinated Revolving Credit Facility and ORRI

Based in Cleveland, Ohio, Stryker Energy, LLC ("Stryker") focuses on high-graded, low-risk development drilling and production in the Appalachian Basin. Stryker has a portfolio of drilled and completed wells, as well as a multi-year inventory of development locations. The company typically sells gas at a premium due to geographic proximity to the heating and power generation demand markets in the Northeast.

Company:

The Healing Staff, Inc.

Description:

Privately-held provider of healthcare service employees

Transaction:

$1.17 million Senior Secured Demand Note and Equity

The Healing Staff, Inc. ('THS') is a medical staffing solutions firm located in San Antonio, Texas. Founded in 1999, THS works alongside the U.S. Government to provide federal government agencies across 25 states with experienced outsourced professionals from all sectors within the healthcare industry, including physicians, clinical nurses, technicians and pharmacists.

Prospect originally loaned funds to ESA Environmental Specialists, Inc, ('ESA') to purchase THS. Prospect directly invested in THS after ESA's acquisition of THS.

Company:

TLOGH, L.P.

Description:

Privately-held gas developer with 1,918 net acres available for development in the Barnett Shale within the city limits of Arlington, TX, in Tarrant County.

Transaction:

$15.5 million of Senior Secured Notes and ORRI (Repaid in full)

TLOGH holds mineral leases on 1,918 acres in Lakes of Bird’s Fort within the city limits of Arlington, Texas, in Tarrant County, which is considered one of the most productive "core" counties for production from the Barnett Shale. The Barnett Shale is one of the largest unconventional gas plays in North America. TLOGH’s acreage position, on which three-dimensional seismic has been shot, has approximately 400 feet of Barnett Shale thickness, has at least 20 horizontal well drilling locations, and has ready pipeline access.

TLOGH has entered into an operating agreement with Star of Texas Energy Services, Inc. ("Star"). Led by Ray Ledesma, Star has drilled and completed approximately 80 Barnett Shale wells. TLOGH has contracted with appropriate service providers for a multiple well drilling and completion program, including Nick Steinsberger of Steinsberger Tight Gas Consultants, who helped to pioneer drilling and completion techniques in the Barnett Shale while at Mitchell Energy.

Company:

TriZetto

Description:

Privately-held healthcare IT company

Transaction:

$15.0 million Mezzanine Unsecured Notes (Debt repaid)

TriZetto is a healthcare software-and-services company which provides payors and third party administrators with a wide range of technology solutions to reduce prices paid for provider services and reduce administrative costs to payors for designing healthcare plans, claims processing and reimbursement calculations. Additionally, these solutions are implemented to manage patient care by keeping track of a patient's disease and medication history, steer patients towards various treatment options and reduce wastage of Medicare funds allocated to payors who act as administrators of Medicare and Medicare plans in individual states.

TriZetto is currently the number one player in the payor IT space, with customers who have a total of 150 million lives under contract on their healthcare plans (approximately 50% of all insured Americans). The company provides software and services to 62% of all Blue Cross Blue Shield (BCBS) organizations and processes 37% of all U.S. Medicare and Medicaid claims.

Company:

Unitek

Description:

Privately-held telecom services provider

Transaction:

$11.5 million Second Lien Debt

Unitek is a provider of installation, maintenance/repair and construction services across the satellite TV, fiber telecommunications, broadband cables and cellular industries. Unitek has four primary divisions: (i) DirectSat provides installation services for DirecTV, (ii) Advanced Communications provides construction services for the deployment of Fiber-to-the-Premises ('FTTP') technology to Verizon and other cable providers, (iii) FTS performs voice, data and video installations for cable providers in the Southwest and (iv) WTW deploys FTTP and related telecommunications networks for Verizon.

Unitek is technology agnostic, and directly benefits as subscribers switch from one form of technology service to another, since it is involved with both installation and de-installation of customer accounts. The company has developed a highly variable cost structure that enables it to rapidly re-deploy resources in response to changes across market segments.

Company:

VanDeMark Chemical Inc.

Description:

A specialty chemical manufacturer for the pharmaceutical, agricultural, polymer and fine chemical industries.

Transaction:

$31.1 million of Senior Debt Financing

VanDeMark Chemical Inc. ("VanDeMark" or the "Company"), is a producer of specialty chemicals that operates out of a single location in Lockport, NY (near Buffalo, NY). VanDeMark produces phosgene (a product of chlorine and carbon monoxide); a portion of this phosgene is sold on a merchant basis, while the rest is used internally in the production of a series of phosgene derivatives. VanDeMark’s chemicals are designed to enhance product performance and are used by customers in the production of a range of end products.

Company:

VPSI, Inc.

Description:

Privately-held organizer and manager of vanpools

Transaction:

$18.3 million of Senior Subordinated Debt

VPSI, Inc. is the largest provider of professionally-managed commuter vanpools in the U.S., accounting for 35.0% of the market and more than 5,000 vanpools, 50,000 commuters, and 25.0 million passenger trips per year. A commuter vanpool is a group of 7-15 people who join together to commute to and from work in a fan where one of the commuters serves as the driver. VPSI helps prospective commuters form groups and set up routes, generally in conjunction with government entities, universities and corporate employers.

Company:

Wind River Resources Corp. & Wind River II Corp.

Description:

Privately-held gas developer with approximately 36,340 gross acres available for development in Utah's Uinta Basin

Transaction:

$15.0 million of Senior Secured Notes with Net Profits Interest

Wind River is engaged in the exploration, development, and production of crude oil and natural gas in Utah's Uinta basin. Wind River currently owns interests in over 36,340 acres in Utah and operates all but 7,300 of these acres. The entire acreage is now covered by high resolution 3-D seismic surveys.

Wind River is led by senior executives who together have more than six decades of experience in the oil and gas production industry, including in the legal, operational, geological, and engineering functions. Wind River has been a leader in the Rocky Mountains in the use of 3-D seismic technology to image potential oil and gas prospects. Its seismic activities were featured in, and on the cover of, the Oil and Gas Journal, on March 21, 2005, with a focus on the initial 28 square-mile North Hill Creek survey. Wind River is utilizing Prospect's financing for the drilling and completion of new wells, as well as the refinancing of existing indebtedness. Prospect's investment is in the form of a senior secured debt instrument with a first lien on all assets of Wind River, including receivables, wells, leases, and other infrastructure. Prospect has received a net profit interest in Wind River as part of its investment.

Company:

Worcester Energy Partners, Inc.

Description:

Privately-held wood processing and biomass power generation business with operations in Maine

Transaction:

$43.5 million Senior Secured Debt and Equity

Located in Deblois, Maine, Worcester Energy Partners, Inc. owns an integrated 25.85 megawatt wood-fired power plant and associated woodchip operation which can serve the Northeast Energy Power Pool with renewable energy. The plant has sold power and renewable energy credits at market rates.

Company:

Yatesville Coal Holdings, Inc.

Description:

Privately-held coal mining business in Kentucky

Transaction:

$43.4 million in Senior Secured Debt, Junior Debt and Preferred Equity Financing

Yatesville Coal Holdings, Inc. and its subsidiaries ("Yatesville") are engaged in the acquisition, leasing, permitting and mining of coal reserves across a network of surface mines and deep mines in the Central Appalachian region of the U.S. Yatesville owns or has leased mining properties containing over 17 million tons of coal reserves. Yatesville's geographic areas of focus for reserve acquisition, development and production include reserve bases in Eastern Kentucky. The Company's current reserves under development are primarily located in Pike County, Breathitt County and Wolfe County. Yatesville is headquartered in Hazard, Kentucky.