Prophet Capital Asset Management

Prophet Capital Asset Management LP, established in 1995 by Robert Epstein, manages proprietary hedge funds and closed-ended credit funds, offering asset management services to institutional investors. The firm specializes in residential and commercial mortgage-backed securities, CLO debt and equity securities, and other structured assets. As of December 31, 2024, the firm managed approximately $3.3 billion in client assets, with a minimum investment requirement of $5,000,000 for proprietary funds. PCAM operates on a fee-only basis, with fees ranging from 1% to 2% of net asset values, plus performance fees. The firm exercises investment discretion for clients, making all investment decisions. Investment strategies include fundamental and technical analysis, with a focus on mortgage-backed securities, commercial debt, and private equity. Risks include economic crises, force majeure events, illiquidity in credit markets, and reliance on mortgage servicers. PCAM has not faced disciplinary actions and uses JP Morgan for prime brokerage services. The firm does not have physical custody of client assets and offers both discretionary and non-discretionary advisory services. Proxy voting and class action legal matters are handled in the best interest of clients. PCAM has no financial commitments impairing its ability to meet obligations. For more information, visit www.adviserinfo.sec.gov.