RCP Advisors Closes on RCPDirect V, Surpassing $800M Target

RCP Advisors, a subsidiary of P10, Inc., has successfully closed its co-investment fund, RCPDirect V, LP, with capital commitments amounting to approximately $994 million, exceeding the fund's initial target of $800 million. P10, a prominent private markets solutions provider, continues to broaden its footprint in the small buyout sector through RCP Advisors. The fund has drawn a diverse range of limited partners, including family offices, insurance companies, and high-net-worth individuals, demonstrating strong investor confidence in RCP Advisors' market strategy despite challenging economic conditions. RCPDirect V is set to collaborate with buyout fund managers managing between $100 million and $1 billion in capital, aiming to invest between $7.5 million to $40 million in lower middle market companies with enterprise values ranging from $25 million to $500 million. The achievement is a testament to RCP Advisors' sustained performance and depth of experience in the market over nearly 25 years. Leadership at RCP Advisors, including Jon Soffer and Dave McCoy, emphasized their continued commitment to strategic partnerships with general partners and leveraging their extensive network to foster portfolio growth, regardless of the market environment.