Elvinger US and Elvinger Hoss Prussen assisted RCP Advisors with the establishment and closing of RCP Secondary Opportunity Fund V

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 Secondary Opportunity Fund V (“RCP SOF V” or the “Fund”). The Fund was oversubscribed, closing on $1.26 billion in capital commitments, exceeding its target of $1 billion. RCP SOF V represents a continuation of the investment style and approach that was established with RCP Advisors’ predecessor secondary funds. The Fund will target investments, primarily through secondary market purchases or other secondary transactions (through both LP and GP-led transactions), in private equity funds that generally focus on leveraged buyout, growth, or restructuring transactions.

The legal advice provided by Elvinger US and Elvinger Hoss Prussen spanned the formation, fundraising, and financing of the fund. Partner Nicolas Fermaud led the Elvinger US funds team, comprised of Associates Tomas Baecke, Maria Torres, and law clerk Carla Legrosdidier. Elvinger Hoss Prussen’s financing team included Partner Jean-Bernard Spinoit and Associate Nicolas Liban, assisted by Elvinger US’ Senior Associate Fiorenza Cingolani and Associate Alessandra Gauthier.