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CHICAGO, April 08, 2025 (GLOBE NEWSWIRE) -- RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customized solutions and research services, announced the final close of its latest co-investment fund, RCPDirect V, LP (“RCP Direct V” or the “Fund”). The Fund was oversubscribed, closing on approximately $994 million in capital commitments, exceeding its target of $800 million. The Fund has a broad base of limited partners, comprised of both new and existing investors, including family offices, insurance companies, endowments, foundations, public pension plans, and high-net-worth individuals.
“Thank you to our global limited partners for your support. With our primary funds and secondary strategies, as well as the continued deployment of our fifth direct co-investment fund, RCP Advisors remains a comprehensive partner to both general partners and limited partners within the lower middle market buyout space,” said Jon Soffer, Partner and Co-Portfolio Manager at RCP Advisors.
“The continued support, despite challenging macroeconomic conditions, underscores our limited partners' confidence in the small buyout market and our ability to collaborate with exceptional general partners to identify compelling investment opportunities. We are fortunate to leverage our network and 24-year history to partner with general partners who implement initiatives to grow and improve their portfolio companies regardless of market conditions,” said Dave McCoy, Managing Partner and Co-Portfolio Manager at RCP Advisors.
RCPDirect V will generally partner with lead buyout fund managers who raise funds between $100 million and $1 billion in committed capital and will make minority equity investments between $7.5 million and $40 million in lower middle market companies – typically, with $25 million to $500 million in enterprise value.
About RCP Advisors
Founded in 2001, RCP Advisors, a subsidiary of P10, Inc. (NYSE: PX), is a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customized solutions and research services. RCP believes it is one of the largest fund sponsors focused on this niche, with over $16.8 billion in committed capital* and 56 full-time professionals as of April 7, 2025.
The information contained in this press release does not constitute investment advice or an offer or sale of any security or investment product. Offerings are made only pursuant to a private offering memorandum containing important information. Statements are made as of the date of this release, and there is no implication that the information contained herein is correct as of any time subsequent to such date. Some of the statements in this release may constitute “forward-looking statements” within the meaning of the federal securities laws. Any forward-looking statements inherently are subject to a variety of risks and uncertainties that could cause actual results or events to differ materially from those results or events predicted or anticipated by these statements. RCP’s investment strategy is subject to significant risks and there is no guarantee that any fund will achieve comparable results as any prior investments or prior investment funds of RCP. Past performance does not predict, and is not a guarantee of, future results. All investments involve risk, including the potential loss of capital.