- P10's subsidiary, RCP Advisors, successfully closed RCP Fund XIX with $314 million in capital commitments.
- The fund attracted a diverse range of investors, including family offices, public pension plans, endowments, foundations, and high-net-worth individuals.
- RCP Fund XIX continues the firm’s 23-year strategy of investing in North American small buyout fund managers.
P10, Inc. (PX, Financial)'s subsidiary, RCP Advisors, has announced the successful closing of its latest primary fund-of-funds, RCP Fund XIX, with $314 million in capital commitments. The fund drew a wide array of investors, encompassing family offices, public pension plans, endowments, foundations, and high-net-worth individuals, signifying robust confidence in their investment strategy.
RCP Fund XIX will perpetuate RCP Advisors' established investment strategy, honed over 23 years, which focuses on North American small buyout fund managers with less than $1 billion in committed capital. These managers typically target control-oriented investments in established small to mid-sized enterprises with an enterprise value ranging from $10 million to $250 million.
This milestone reiterates the firm's successful track record in the small company buyout niche, a sector known for offering compelling opportunities due to lower competition and potentially more attractive valuations than larger market segments.
