Prudent Capital is a Washington, D.C.–based private equity firm founded in 1999, specializing in providing cost-effective capital to later-stage, profitable operating businesses. The firm focuses on investments that support growth, acquisitions, or recapitalizations, with a particular emphasis on companies with commercially proven products or services. Prudent Capital also offers mezzanine debt and preferred equity financing to facilitate management-led buyouts. As of January 2025, the firm has invested in 27 companies across various sectors, including business services and enterprise applications, with a portfolio spanning the United States and Australia. Prudent Capital is currently investing from its third committed fund for mezzanine debt to operating businesses. The firm is led by founder and portfolio manager Steven Schwartz, JD, who brings extensive experience in private equity and lending .