– Final close of RCPDirect V, LP at approximately $994 million, exceeding its $800 million target
– Fund significantly oversubscribed with strong support from new and existing investors
– Diverse investor base includes family offices, insurance firms, endowments, foundations, pension plans, and HNWIs
– Focused on minority equity investments of $7.5M–$40M in lower middle market companies
– Targets companies with $25M–$500M in enterprise value
– Partners with lead buyout managers raising funds between $100M and $1B
– Reinforces RCP Advisors’ role as a comprehensive partner in the lower middle market buyout space
– Jon Soffer, Partner and Co-Portfolio Manager, thanked global LPs for their support
– David McCoy, Managing Partner and Co-Portfolio Manager, emphasized LP confidence and the firm’s long-term track record
