Prophet Capital Asset Management LP is an SEC-registered investment advisor* founded in 1995 with over $2 billion in capital under management.
The firm’s Managing Partners each have more than 29 years of experience investing, trading, structuring, and managing risk.
We have a long and established track record of delivering competitive absolute returns in a wide variety of market environments.
Mortgage Servicing Rights
We purchase residential MSRs in tandem with our premier mortgage servicing partners.
We transact in a broad array of structured debt securities, including RMBS, CMBS, and CLOs.
Alternative Fixed Income
We invest in a wide variety of difficult-to-access fixed income instruments, such as small business and consumer loans and securities.
*Registration as an investment advisor does not imply any level of skill or training.
Prophet Capital is founded by Robert Epstein
Long-Term Capital Management Crisis
Prophet launches Partners in Prophet,
a hedge fund focused on residential mortgages
Great Financial Crisis
Kurt Rechner joins as Chief Operating Officer and
Chief Compliance Officer
David Rosenblum joins as Managing Partner
Prophet launches Prophet Opportunity Partners,
a multi-strategy structured credit hedge fund
Prophet launches Prophet Credit Partners,
a CLO focused hedge fund
Prophet launches Structured Prophet Yen Fund,
a yen-denominated version of the Prophet Credit Partners strategy
Mike Murphy joins as Chief Financial Officer
PIP raises US $600mm and embarks on a new non-performing
residential loan strategy
Prophet launches Prophet Real Estate Opportunities,
a private REIT focused on commercial real estate loans
Prophet launches Prophet EBO Opportunities,
a private closed-end fund focused on non-performing GNMA
early buy-out loans
David Rosenblum named Chief Investment Officer
Prophet launches Prophet MSR Opportunities, a private closed-end fund focused on residential mortgage servicing rights
Prophet launches Prophet Mortgage Service Opportunities, a private open-ended fund focused on residential mortgage servicing rights