RCP Advisors Closes Secondaries Fund With $425M
RCP said it Secondary Opportunity Fund II will acquire interest in established private equity funds through secondary market purchases. RCP will seek out private equity firms that focus on North American lower middle-market buyouts.
The fund was significantly oversubscribed, out-performing its fundraising target by nearly 42 percent.
"Secondary funds are the focus of many investors’ attention these days,"...
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