Assisting RCP Advisors with the establishment and closing of RCP Fund XIX

Elvinger US and Elvinger Hoss Prussen assisted RCP Advisors, an affiliate of the publicly listed group P10, Inc. (NYSE: PX) with the establishment and closing of RCP Fund XIX (“RCP XIX” or “Fund XIX”). RCP XIX closed on approximately $314 million in capital commitments, with a broad LP base of new and existing investors, including family offices, public pension plans, endowments, foundations, and high-net-worth individuals. Fund XIX will adhere to the same investment strategy that RCP’s predecessor primary funds employ and will generally target investments with buyout fund managers primarily focusing on less than $1 billion in committed capital. These managers will, in turn, generally seek to make control-oriented investments in established, small to mid-sized companies.

The legal advice provided by Elvinger US and Elvinger Hoss Prussen spanned the establishment, fundraising, and financing of the fund. Partner Nicolas Fermaud led the Elvinger US funds team, comprised of Associates Tomas Baecke, Maria Torres, and Carla Legrosdidier. Elvinger Hoss Prussen’s financing team included Partner Anna Hermelinski-Ayache, assisted by Elvinger US’ Senior Associate Fiorenza Cingolani and Associate Katherine Martin.