Prophet Equity

Prophet Equity I

First Report: December 17, 2007 Prophet Equity Launches

“Ross Gatlin and George Stelling launched Prophet Equity LLC, a Dallas-based turnaround private equity firm that plans to start raising its debut fund in early 2008.”

Latest Update: May 18, 2009: LP-Friendly Terms Helping Prophet Get Fund Raised – Is It Any Wonder?

Remain in market/first close. “Prophet has $200 million in commitments toward its $250 million goal, which is a pretty impressive feat in this market.”

Next: Insight Equity