RCP Advisors, a private equity investment firm that 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, has held the final close of its latest primary fund-of-funds, RCP Fund XIX, with approximately $314m in capital commitments.
The Fund has a broad LP base of new and existing investors, including family offices, public pension plans, endowments, foundations, and high-net-worth individuals.
Fund XIX will adhere to the same investment strategy that RCP’s predecessor primary funds employ, targeting investments with buyout fund managers primarily focusing on less than $1bn in committed capital. These managers will, in turn, generally seek to make control-oriented investments in established, small to mid-sized companies with approximately $10m to $250m in enterprise value.
