FMP

FMP

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

  • 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.