The Private Capital Unit of RCP Advisors 2, LLC offers advisory services mainly to institutional investors, specializing in alternative fund strategies like private equity, venture capital, and private credit. The firm manages separate accounts and private investment funds, making discretionary investment decisions within client-set guidelines. The Private Capital Unit operates independently from other units within RCP Advisors 2, LLC.
Fee Structure
The Private Capital Unit charges a management fee, typically a percentage of assets under management or committed capital. For separate accounts, the annual base management fee is up to 1.5%. For the CPPC Funds, the annual management fee is 0.75% of committed capital, stepping down to 0.50% after four years. After 10 years, the fee is 0.50% of the cost basis of investments. Clients may also pay performance-based compensation, such as a percentage of excess proceeds after a preferred return is realized.