FMP

FMP

Enter

RCP Advisors, a Subsidiary of P10, Inc. (NYSE:PX), Announces Final Closing of Its Fund

- (Last modified: Mar 31, 2025 2:47 PM)

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • RCP Advisors, part of P10, Inc. (NYSE:PX), successfully closes its RCP Small and Emerging Fund III, LP with $170 million in capital commitments.
  • The fund aims to invest in North American buyout fund managers focusing on the lower middle market segment.
  • Despite the fund's success, P10, Inc. (NYSE:PX) experiences insider selling, with a slight decrease in stock price to $11.75.

RCP Advisors, a subsidiary of P10, Inc. (NYSE:PX), is a private equity investment firm known for its focus on the lower middle market buyout segment in North America. Founded in 2001, RCP Advisors manages over $15 billion in committed capital. The firm recently announced the final closing of its RCP Small and Emerging Fund III, LP, securing approximately $170 million in capital commitments, surpassing its initial target.

The fund's success reflects strong investor confidence, with commitments from family offices, insurance companies, and high-net-worth individuals. Mary Hunt, Principal and Co-Portfolio Manager at RCP Advisors, expressed gratitude to the limited partners for their trust. The fund will target North American buyout fund managers raising their second institutional fund or earlier, with targets of $300 million or less in aggregate capital commitments.

Despite the positive news from RCP Advisors, P10, Inc. (NYSE:PX) has seen some insider selling activity. On March 25, 2025, Abell Alexander I. sold 20,000 shares of Class A Common Stock at approximately $12.28 each, reducing his holdings to 349,495 shares. Similarly, McCoy David M., a director at PX, sold 90,000 shares at $12.16 each, retaining 214,323 shares.

PX's stock price currently stands at $11.75, reflecting a decrease of 0.84%. The stock has experienced a slight decline of $0.10, with a trading range between $11.615 and $11.89 during the day. Over the past year, PX has seen a high of $14.28 and a low of $7.08, with a market capitalization of approximately $1.31 billion. The trading volume for PX is 507,480 shares on the NYSE.

Other Blogs

Aug 7, 2024 7:53 AM - Parth Sanghvi

The Impact of Interest Rates on the Economy and Financial Markets: A Comprehensive Analysis

Interest rates play a crucial role in the economy and financial markets, influencing everything from consumer behavior to investment decisions. Understanding their impact is essential for making informed financial and investment decisions. This comprehensive analysis delves into how interest rates a...

blog post title

Sep 10, 2024 11:33 AM - Parth Sanghvi

Best Alternatives to Yahoo Finance for Downloading Historical Stock Data

When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...

blog post title

Nov 8, 2024 10:30 AM - Sanzhi Kobzhan

Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models

When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedin
2017-2025 © Financial Modeling Prep