About Us

Our Firm

Prophet Capital Asset Management LP is an SEC-registered investment advisor* founded in 1995 with over $2.5 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.

Our Strategies

Mortgage Loans

We acquire both performing and distressed residential and commercial real estate loans.

Mortgage Servicing Rights

We purchase residential MSRs in tandem with our premier mortgage servicing partners.

Structured Credit

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.

Timeline

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1995

Prophet Capital is founded by Robert Epstein

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1998

Long-Term Capital Management Crisis

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1999

Prophet launches Partners in Prophet,
a hedge fund focused on residential mortgages

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2008

Great Financial Crisis

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April 2009

Kurt Rechner joins as Chief Operating Officer and
Chief Compliance Officer

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August 2009

David Rosenblum joins as Managing Partner

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September 2009

Prophet launches Prophet Opportunity Partners,
a multi-strategy structured credit hedge fund

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2013

Prophet launches Prophet Credit Partners,

a CLO focused hedge fund

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2014

Prophet launches Structured Prophet Yen Fund,
a yen-denominated version of the Prophet Credit Partners strategy

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2015

Mike Murphy joins as Chief Financial Officer

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2016

PIP raises US $600mm and embarks on a new non-performing
residential loan strategy

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2017

Prophet launches Prophet Real Estate Opportunities,

a private REIT focused on commercial real estate loans

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2020

Prophet launches Prophet EBO Opportunities,
a private closed-end fund focused on non-performing GNMA
early buy-out loans

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2021

David Rosenblum named Chief Investment Officer

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2022
Prophet launches Prophet MSR Opportunities, a private closed-end fund focused on residential mortgage servicing rights