RCP Advisors

RCP Advisors Announces Promotions

Retrieved on: 
Tuesday, January 30, 2024

CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Following a successful year in 2023, RCP Advisors (“RCP”) is pleased to announce the promotion of Patrick dePenaloza to Principal, alongside several additional promotions across the firm.

Key Points: 
  • CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Following a successful year in 2023, RCP Advisors (“RCP”) is pleased to announce the promotion of Patrick dePenaloza to Principal, alongside several additional promotions across the firm.
  • Patrick joined RCP’s business development team in 2016 following his earlier relevant experience at Neuberger Berman.
  • “We are thrilled to announce these well-deserved promotions.
  • Each of these team members has demonstrated exceptional commitment and talent, and their contributions have been instrumental in RCP’s success,” said Jon Madorsky, Managing Partner at RCP Advisors.

RCP Fund XVII Exceeds Target Fund Size, Closing $328 Million in Aggregate Capital Commitments

Retrieved on: 
Tuesday, April 4, 2023

The Fund closed on approximately $328 million in aggregate commitments, exceeding its target of $300 million.

Key Points: 
  • The Fund closed on approximately $328 million in aggregate commitments, exceeding its target of $300 million.
  • “We are grateful to our investors for the fundraising success of RCP Fund XVII, which exceeded its target despite an increasingly challenging macroeconomic environment.
  • RCP Fund XVII will adhere to the same investment strategy employed by RCP’s predecessor primary funds-of-funds.
  • The Fund will generally target investments with buyout fund managers primarily targeting less than $1 billion in committed capital.

RCP Advisors Announces Partner and Senior-Level Promotions

Retrieved on: 
Tuesday, January 24, 2023

CHICAGO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Following a successful year in 2022, RCP Advisors (“RCP”) is pleased to announce two partner-level and several senior-level promotions.

Key Points: 
  • CHICAGO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Following a successful year in 2022, RCP Advisors (“RCP”) is pleased to announce two partner-level and several senior-level promotions.
  • “We are excited to announce these promotions, which recognize years of achievement and which augment our leadership talent across all of RCP’s main functional areas,” said Charlie Huebner, Managing Partner at RCP Advisors.
  • “As RCP grows, we are committed to enhancing the capabilities and quality of our team to better serve our investors.”
    Founded in 2001, RCP Advisors is a private equity investment firm that provides access to lower middle market private equity fund managers through funds-of-funds, secondary funds, and co-investment funds, as well as provides advisory and research services.
  • With over $12.6 billion in committed capital and 55 full-time professionals as of January 24, 2022, RCP believes that it is one of the largest fund sponsors focused on the lower middle market segment of the North American private equity market.

Industry Recognizes Altvia with Two Private Equity Wire 2022 Awards

Retrieved on: 
Thursday, October 27, 2022

DENVER, Oct. 27, 2022 /PRNewswire/ -- Altvia , a purpose-built fund lifecycle platform to facilitate world-class partnerships between LPs and GPs, won "Best Fundraising Solution" and "Best Secure Workflow Management Provider" in the Private Equity Wire 2022 US Awards program.

Key Points: 
  • DENVER, Oct. 27, 2022 /PRNewswire/ -- Altvia , a purpose-built fund lifecycle platform to facilitate world-class partnerships between LPs and GPs, won "Best Fundraising Solution" and "Best Secure Workflow Management Provider" in the Private Equity Wire 2022 US Awards program.
  • The Private Equity Wire US Awards recognize excellence among private equity fund managers and service providers in the US across a wide range of categories.
  • Voting is conducted via an online poll of the entire Private Equity Wire userbase, where participants are asked to make their choice among the shortlisted firms in each category.
  • Private Equity Wire provides highly relevant and actionable information for GPs, service providers, and LPs.

RCPDirect IV Exceeds Target Fund Size, Closing $645.4 Million in Aggregate Capital Commitments

Retrieved on: 
Thursday, July 7, 2022

The Fund was oversubscribed, with approximately $645.4 million in aggregate commitments, exceeding its target of $500 million.

Key Points: 
  • The Fund was oversubscribed, with approximately $645.4 million in aggregate commitments, exceeding its target of $500 million.
  • The Fund has a broad LP base of both new and existing investors, including endowments, foundations, public pension plans, family offices, and high-net-worth individuals.
  • RCPDirect IV represents a continuation of the same investment strategy employed by RCPs previous co-investment funds.
  • The Fund will generally partner with lead buyout fund managers who raise funds between $100 million and $1 billion in committed capital and will make minority equity investments between $5 million and $30 million in lower middle market companies typically, with $25 million to $500 million in enterprise value.

Stifel & Eaton Partners Team With RCP Advisors to Launch Twelve Degrees

Retrieved on: 
Tuesday, April 12, 2022

Twelve Degrees will be led by Hunt and Eaton, along with Charles Huebner, Managing Partner at RCP, and Raj Patel, Partner at RCP.

Key Points: 
  • Twelve Degrees will be led by Hunt and Eaton, along with Charles Huebner, Managing Partner at RCP, and Raj Patel, Partner at RCP.
  • Eaton Partners affiliate Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA).
  • Eaton Partners affiliate Stifel Hong Kong Limited, doing business as Eaton Partners Hong Kong, is approved as a Type 1-licensed company under the Securities and Futures Commission (SFC) in Hong Kong.
  • Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company.

RCP’s Research Finds Diverse Managers Have Historically Generated Attractive Adjusted Risk / Return Profiles Within Middle Market Private Equity

Retrieved on: 
Wednesday, March 16, 2022

“We are encouraged by this research -- not only is DEI investing the right thing to do, but it is also a prudent decision and deserves allocation in all investment portfolios,” said Mary Hunt, Portfolio Manager of RCP’s DEI-focused strategy.

Key Points: 
  • The DEI Research Report hones-in on multiple analyses of minority, women, veteran, and disabled majority-owned North American lower middle market private equity firms and illustrates how and why this cohort of managers have outperformed the broader market.
  • The moral imperative for investors to pursue DEI investing aside, the DEI Research Report found that diverse private equity managers in the lower middle market generate alpha, often with less risk than non-diverse managers.
  • The first half of the report is a compilation of key takeaways from a multitude of DEI-focused research, highlighting private equity financial outperformance and deciphering potential reasonings why diverse managers have historically achieved superior returns.
  • Founded in 2001, RCP Advisors, a subsidiary of P10, Inc. (NYSE: PX), is a private equity investment firm that provides access to lower middle market private equity fund managers through funds-of-funds, secondary funds, and co-investment funds.

Shore Capital Partners Continues to Invest in Operational Support for Portfolio Companies, Announces Several Strategic Hires

Retrieved on: 
Thursday, February 17, 2022

This move supports the firms focused effort to strengthen its deep bench of operational experts that provide services to its portfolio companies.

Key Points: 
  • This move supports the firms focused effort to strengthen its deep bench of operational experts that provide services to its portfolio companies.
  • In addition to direct support of individual companies, the SRT fosters collaboration between leaders across the portfolio.
  • Shore has provided us invaluable access to a network of experts, resources and companies, said John Nelson, Chief Executive Officer of Southern Orthodontic Partners, a Shore portfolio company.
  • Shore supports management partners with capital, business development expertise and industry knowledge to accelerate growth, fund acquisitions and generate value for shareholders.

Yieldstreet Continues Push Into Private Equity

Retrieved on: 
Thursday, December 9, 2021

Yieldstreet, a top multi-asset alternative investment platform focused on reducing friction and providing previously unattainable access to alternatives for millions of people, today announced a new private equity strategy that offers retail investors the opportunity to gain exposure to direct equity investments in alternative asset managers.

Key Points: 
  • Yieldstreet, a top multi-asset alternative investment platform focused on reducing friction and providing previously unattainable access to alternatives for millions of people, today announced a new private equity strategy that offers retail investors the opportunity to gain exposure to direct equity investments in alternative asset managers.
  • Equity ownership in alternative asset management companies has created tremendous wealth opportunities as demand for alternative assets continues to grow.
  • Investing in private equity and private credit managers has been rapidly expanding as many well-known investors, including Blackstone, Bonaccord Capital Partners and Goldman Sachs, are continuing to raise funds and asset managers seek operational capital to support their growth.
  • Bonaccord is a subsidiary of P10 Holdings, a leading, specialized multi-asset class private markets solutions provider, offering a comprehensive suite of private equity, venture capital, private credit, and impact investing strategies.

Brie Aletto, a seasoned private-equity backed SaaS executive, named CEO and President of Altvia Solutions, LLC

Retrieved on: 
Wednesday, October 27, 2021

DENVER, Oct. 27, 2021 /PRNewswire/ --After a year of record revenue growth, Bow River Capital, the majority owner of Altvia Solutions, LLC , has named Brie Aletto, a seasoned private-equity backed SaaS executive, to CEO and President.

Key Points: 
  • DENVER, Oct. 27, 2021 /PRNewswire/ --After a year of record revenue growth, Bow River Capital, the majority owner of Altvia Solutions, LLC , has named Brie Aletto, a seasoned private-equity backed SaaS executive, to CEO and President.
  • "We couldn't be more thrilled to have Brie takeover the helm of Altvia," said Maitlan Cramer, Vice President of Bow River Capital and Board Director at Altvia.
  • He further states, "Brie's ability to understand complex and highly sophisticated markets is unparalleled, and her ability to motivate and energize teams is second to none.
  • Altvia is a market-leading provider for CRM and investor & deal management systems specifically built for Private Capital Market firms.