RCP Advisors LLC has secured approximately $230.8 million for RCP Fund XIV LP.
The fund has a target of $250 million, but the final offering size will be "determined by the general partner at its discretion," according to an SEC filing. It has a hard cap of $400 million.
In total, 121 investors committed to the private equity fund.
RCP Advisors specializes in fund of fund, direct co-investment and secondary indirect investments.