– P10, Inc., a leading private markets solutions provider, announced the closing of RCP Fund XIX, LP by its strategy arm, RCP Advisors.
– RCP Advisors specializes in providing access to North American small buyout fund managers.
– RCP Fund XIX closed with approximately $314 million in capital commitments.
– The Fund attracted a diverse LP base, including family offices, public pension plans, endowments, foundations, and high-net-worth individuals.
– Luke Sarsfield, Chairman and CEO of P10, emphasized the Fund’s close as a reflection of the firm’s strong investment strategy and investor confidence.
– Fund XIX follows the same strategy as RCP’s predecessor funds, targeting buyout fund managers with under $1 billion in committed capital.
– These managers typically pursue control-oriented investments in small to mid-sized companies with $10 million to $250 million in enterprise value.
– Thomas Danis, Managing Partner at RCP Advisors, reiterated the firm’s long-standing focus on the North American small buyout market and its dedication to partnering managers.
