PSEC – A Prospect Capital Fund

Board of Directors

John Francis Barry III

CHAIRMAN OF THE BOARD & CHIEF EXECUTIVE OFFICER

Biography

John Francis Barry III is Chairman and Chief Executive Officer of Prospect Capital Management and Prospect Capital Corporation. He is Chairman of Prospect Capital Management’s Investment Committee and has been an officer of Prospect Capital Management (and predecessors) since 1990.

In addition to overseeing Prospect Capital Corporation and Prospect Capital Management, John has served on the boards of directors of more than a dozen private and public portfolio companies, including as Chairman and Chief Executive Officer of Bondnet Trading Systems, Inc. He has also served on the Board of Advisors of USEC, Inc., a publicly-traded energy company.

From 1988 to 1989, John managed the Corporate Finance Department of L.F. Rothschild & Company. From 1983 to 1988, he was an investment banker at Merrill Lynch & Co. From 1979 to 1983, John was an attorney at Davis Polk & Wardwell. From 1978 to 1979, he served as Law Clerk to Circuit Judge J. Edward Lumbard, formerly Chief Judge, of the U.S. Court of Appeals for the Second Circuit in New York City. John served from 1999 until 2011 as Chairman of the Board of Directors of the Mathematics Foundation of America, a non-profit foundation that enhances opportunities in mathematics education for students from diverse backgrounds.

John received his Bachelor of Arts magna cum laude from Princeton University, where he was a University Scholar, and his J.D. cum laude from Harvard Law School, where he was an officer of the Harvard Law Review.