RCP Advisors raises $75m

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RCP Advisors has raised $75 million to date for its RCP Fund XII, according to a SEC filing. The Chicago-headquartered firm has set a $400 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $315 million in 2017.

The fund will target private equity fund opportunities in a diverse number of sectors in the United States.