Private equity investment firm RCP Advisors has successfully closed its latest co-investment fund, RCPDirect V, with approximately $994m in total capital commitments, exceeding its initial fundraising target of $800m.
The fund has a broad base of limited partners, composed of both new and existing investors, including family offices, insurance companies, endowments, foundations, public pension plans, and high-net-worth individuals.
Founded in 2001, RCP Advisors provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customised solutions and research services.
RCPDirect V will generally partner with lead buyout fund managers who raise funds between $100m and $1bn in committed capital and will make minority equity investments between $7.5m and $40m in lower middle market companies – typically, with $25m to $500m in enterprise value.
The firm has over $16.8bn in committed capital and 56 full-time professionals as of 7 April 2025.
