RCP Advisors Raises $300 Mln with Seventh FoF

RCP Advisors said Thursday that its seventh fund-of-funds came in at $300 million. Chicago-based RCP, a FoF, focuses on lower middle market buyouts with funds between $100 million and $1 billion in committed capital.


RCP Advisors, LLC, a leading independent sponsor of private equity funds-of-funds, secondary funds, and co-investment funds, focused on North American lower middle market buyouts, announced the closing of its seventh fund-of-funds, the $300 million RCP Fund VII, LP.

“We are gratified by the confidence that our partners have shown in us, particularly during such a tough fundraising market,” says Charles Huebner, Managing Principal and Chief Investment Officer at RCP Advisors. “The investment merits of smaller buyout investments continue to resonate with investors. If anything, the financial crisis has highlighted the relative benefits of investing in this sector and our methods of selecting the strongest managers”

RCP generally works with buyout fund managers with funds of between $100 million and $1 billion in committed capital. These fund managers then seek to invest in lower middle sized companies – typically, with $25 million to $250 million in enterprise value. All of RCP’s investment activities are focused exclusively on North American lower middle market buyouts.

RCP currently manages over $2 billion in committed capital in over 100 private equity investments across the firm’s funds-of-funds as well as its secondary fund and co-investment fund. RCP Advisors believes that it is one of the largest fund-of-funds managers exclusively focused on the lower middle market buyout segment of the private equity market. RCP Advisors was founded in 2001 and is headquartered in Chicago.