Private Equity Firm Completes $170 Million Fundraising Effort

RCP Small and Emerging Fund III LP Closes on $170 Million

Global private equity firm Rock Creek Private Capital (RCP) is pleased to announce the successful closing of its third small and emerging fund, RCP Small and Emerging Fund III LP, with $170 million in commitments.

The fund will focus on investing in small and emerging companies across a range of industries, with a particular emphasis on those that have the potential to scale and drive growth. The investment strategy will be centered around identifying undervalued companies with strong management teams, solid financials, and significant growth opportunities.

"We are thrilled to have closed our third small and emerging fund, which will enable us to continue our successful investment strategy of identifying and supporting innovative companies with strong growth potential," said Mark E. Harris, Managing Partner of RCP. "Our team is committed to working closely with our portfolio companies to help them achieve their goals and drive long-term value for our investors."

RCP Small and Emerging Fund III LP will target investments in companies with enterprise values between $10 million and $100 million, across a range of industries including technology, healthcare, consumer products, and industrials. The fund will have a geographic focus on the United States, with a small allocation to select international opportunities.

The fund's investment team will be led by Mark E. Harris, Managing Partner, and John W. McLean, Partner. The team has a deep understanding of the small and emerging company landscape and a proven track record of identifying and supporting successful companies.

RCP's investment approach is centered around building strong relationships with company founders, management teams, and other stakeholders. The firm's team will work closely with portfolio companies to help them develop and execute their growth strategies, and to drive long-term value creation.

The closing of RCP Small and Emerging Fund III LP marks another successful milestone for the firm, which has a long history of delivering strong returns to its investors. The fund's investors include a diverse group of institutional investors, family offices, and high net worth individuals.