Investments
2Portfolio Exits
1Funds
37
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Latest RCP Advisors News
Apr 13, 2023
Newest fund invests in buyout funds with less than $1 billion in capital that seek small to mid-sized companies By John McNulty RCP Advisors has held an above target and final closing of its latest fund-of-funds vehicle, RCP Fund XVII LP, with capital of $328 million. RCP is an active funds-of-funds investor, and it targets buyout funds with less than $1 billion in capital that invest in small to mid-sized companies with $3 million to $25 million in EBITDA. Fund XVII will invest from $10 million to $35 million per manager in 10 to 15 funds. Fund XVII was backed by both new and existing limited partners, including family offices, high-net-worth individuals, foundations, public pension plans, and endowments. “We are grateful to our investors for the fundraising success of RCP Fund XVII, which exceeded its target despite an increasingly challenging macroeconomic environment,” said Tom Danis, a managing partner at RCP. “We will remain especially focused on partnering with the premier lower middle market buyout managers in the United States and Canada as we have for over 20 years.” RCP also invests in single asset and portfolio secondary transactions and makes direct co-investments in partnership with North American-based lower middle market private equity firms. The firm’s secondary investments range from $10 million to $50 million per transaction and its direct co-investments range in size from $5 million to $30 million. RCP’s most recent direct fund, RCPDirect IV LP, closed in July 2022 with $645 million of capital. In addition, through its Five Points Capital affiliate, RCP invests in direct senior credit opportunities in United States-headquartered and private equity-sponsored companies that have EBITDA from $3 million to $20 million. RCP Advisors is a subsidiary of publicly traded P10 (NYSE: PX). The Chicago-headquartered firm has $12.6 billion in committed capital and operates an additional office in Dallas, Texas. © 2023 Private Equity Professional | April 13, 2023 MORE NEWS
RCP Advisors Investments
2 Investments
RCP Advisors has made 2 investments. Their latest investment was in Pharmacy Development Services as part of their Growth Equity on August 8, 2018.
RCP Advisors Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/2/2018 | Growth Equity | Pharmacy Development Services | Yes | 1 | ||
2/2/2015 | Private Equity |
Date | 8/2/2018 | 2/2/2015 |
|---|---|---|
Round | Growth Equity | Private Equity |
Company | Pharmacy Development Services | |
Amount | ||
New? | Yes | |
Co-Investors | ||
Sources | 1 |
RCP Advisors Portfolio Exits
1 Portfolio Exit
RCP Advisors has 1 portfolio exit. Their latest portfolio exit was Thymes on August 17, 2016.
RCP Advisors Acquisitions
5 Acquisitions
RCP Advisors acquired 5 companies. Their latest acquisition was Avalign on July 15, 2015.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/15/2015 | Private Equity | Leveraged Buyout - II | 1 | |||
2/4/2015 | Other | |||||
1/26/2015 | Private Equity | |||||
1/26/2015 | ||||||
3/31/2010 |
Date | 7/15/2015 | 2/4/2015 | 1/26/2015 | 1/26/2015 | 3/31/2010 |
|---|---|---|---|---|---|
Investment Stage | Private Equity | Other | Private Equity | ||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Leveraged Buyout - II | ||||
Sources | 1 |
RCP Advisors Fund History
37 Fund Histories
RCP Advisors has 37 funds, including RCP Fund XVII.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
4/4/2023 | RCP Fund XVII | $328M | 1 | ||
7/8/2022 | RCPDirect IV | $645.4M | 1 | ||
7/13/2021 | RCP Fund XVI | $52.3M | 1 | ||
12/29/2020 | RCP Small & Emerging Fund II | ||||
11/30/2020 | RCP SOF III Overage Fund |
Closing Date | 4/4/2023 | 7/8/2022 | 7/13/2021 | 12/29/2020 | 11/30/2020 |
|---|---|---|---|---|---|
Fund | RCP Fund XVII | RCPDirect IV | RCP Fund XVI | RCP Small & Emerging Fund II | RCP SOF III Overage Fund |
Fund Type | |||||
Status | |||||
Amount | $328M | $645.4M | $52.3M | ||
Sources | 1 | 1 | 1 |
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