RCP Advisors collects over $52.3m for $500m-targeted fund

RCP Advisors has raised over $52.3 million for its sixteenth fund, according to a SEC filing.

RCP Advisors has raised over $52.3 million for its sixteenth fund, according to a SEC filing. The target is $500 million. With offices in Chicago and Newport Beach, California, the Chicago-based private equity firm invests in the lower middle market. RCP was founded in 2001.

Source: SEC filing