Private Equities

RCP Advisors

Specialist backer of North American small-buyout fund managers.

Funds-of-Funds & Private WealthFirmNorth America
Target market
North American small and lower-middle-market buyout funds
Geography
North America

Overview

RCP Advisors, a subsidiary of publicly traded P10 (NYSE: PX), is one of the largest fund sponsors focused exclusively on North American lower-middle-market buyout managers, investing through primary funds-of-funds, secondaries and co-investment vehicles. Founded in 2001, it has built relationships with hundreds of small-buyout GPs and closed its fifth secondary fund at $1.26B in 2025.

Key facts

  • Founded 2001; subsidiary of P10 (NYSE: PX)
  • Focused on buyout funds generally under $1B in size
  • Closed Secondary Opportunity Fund V at $1.26B (2025)
  • Based in Chicago

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