Preferred Capital Securities Announces a Lifetime Total Capital Raise of $3 Billion

January 7, 2022

Preferred Capital Securities, LLC (PCS), an independent Managing Broker-Dealer and the dealer manager for various offerings for Prospect Capital Corporation (NASDAQ: PSEC) and Preferred Apartment Communities (NYSE: APTS), announced it achieved a milestone of raising $3 Billion in retail capital since the firm’s inception in 2011. This accomplishment was driven by exceeding individual and firm goals year after year across 8 different offerings.

“We are very proud of this milestone”, said Jeff Smith, Chief Executive Officer of Preferred Capital Securities. “With a great team and a great suite of products it is easy to see how we got here. We look forward to the future and continued success for our investors through offering the very best available product Sponsors. More to come in 2022 and beyond.”

In PCS’s current offerings they have raised $2+ Billion for Preferred Apartment Communities, $300+ Million for Prospect Capital Management, and $100+ Million for Priority Income Fund. Through their decades of financial service expertise, PCS is proud to continue offering these products and excited to achieve new goals in 2022 and beyond.

PCS (Member FINRA/SIPC) is a fully independent, third-party Managing Broker-Dealer focused on both back-office solutions and the wholesale distribution of alternative investments to Independent Broker-Dealers (IBDs) and Registered Investment Advisors (RIAs) across the United States and Puerto Rico. To learn more about partnering with PCS, please visit