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RCP Advisors Fund XVIII Closes on ~$285 Million in Aggregate Capital Commitments
P10P10(US:PX) Newsfilterยท2024-05-20 12:30

Core Insights - P10, Inc. announced the final closing of RCP Fund XVIII, a private equity fund managed by its affiliate RCP Advisors, which focuses on North American small buyout fund managers [1][2] - The fund has attracted a diverse base of limited partners, including family offices, high-net-worth individuals, foundations, public pension plans, and endowments [2] - RCP Advisors aims to leverage its extensive research and analytics to achieve top-quartile performance for its investors, emphasizing the attractiveness of small company buyouts compared to other private equity sectors [3] Company Overview - P10, Inc. is a multi-asset class private markets solutions provider with a global investor base of over 3,600 across 50 states and 60 countries, including major pension funds and financial institutions [5] - RCP Advisors, founded in 2001 and a subsidiary of P10, focuses on providing access to small buyout fund managers and has approximately $14 billion in committed capital with a team of 57 professionals [6] Investment Strategy - RCP Fund XVIII targets investments with buyout fund managers that have less than $1 billion in committed capital, focusing on established small to mid-sized companies with EBITDA between $3 million and $25 million [4]