# Prophet Equity

Prophet Equity is an Asset Manager based in Southlake, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Southlake, United States
- **Region:** North America
- **Address:** Southlake, TX, United States
- **Founded:** 2012
- **Assets under management:** $500M–$1.5B (Altss estimate)
- **Website:** www.prophetequity.com
- **LinkedIn:** https://www.linkedin.com/company/prophet-equity

## About

Prophet Equity is an SEC-registered investment adviser in Southlake, TX, registered since 2014. The firm manages approximately $171 million in regulatory assets. It has 8 employees and 7 investment advisers.

## Sectors

- Industrial Tech
- Energy Transition & Renewables
- Aerospace & Defense
- Manufacturing
- Business Services

## People

- Ross Gatlin — Founder and Managing Partner

## Questions

### Does Prophet Equity manage outside capital or its own balance sheet?

Prophet Equity manages committed capital raised from institutional limited partners through its flagship fund series. The firm closed its first fund in 2013 and has subsequently raised follow-on vehicles from endowments, foundations, fund-of-funds, and family offices (per Altss estimate). It does not publicly identify as a family office or permanent-capital vehicle.

### How does Prophet Equity source proprietary deal flow?

Deal flow originates through long-standing relationships with restructuring advisors, commercial banks, and insolvency professionals who bring off-market situations to the firm. Prophet Equity's track record as an operational buyer — not just a financial sponsor — gives it early access to distressed processes where sellers or creditors prioritize a reliable close over the highest nominal bid.

### Which sectors or geographies does Prophet Equity explicitly avoid?

The firm does not invest in consumer-facing, healthcare, or software/technology businesses — its focus remains exclusively on tangible industrial and business-services sectors. Geographically, it operates almost entirely within the United States and has not publicly disclosed any international platform investments or offices outside Texas.

## Related profiles

- [Prophet Asset Management](https://altss.com/profile/prophet-asset-management)
- [Propology](https://altss.com/profile/propology)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/prophet-equity

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology