RCP Advisors Announces Partner and Senior-Level Promotions

Rhea-AI Summary

On January 24, 2023, RCP Advisors announced several key promotions following a successful year in 2022. Michael Rice and Jon Soffer have been promoted to Partner, while Peter Jasaitis and Andrew Ogletree have been elevated to Principal. Julie Douglass becomes Manager, and Alex Williams is now Vice President. Managing Partner Charlie Huebner emphasized that these promotions enhance RCP's leadership talent and commitment to serving investors. Established in 2001, RCP specializes in private equity investments in the lower middle market, boasting over $12.6 billion in committed capital and 55 professionals.

Positive

• Promotion of key personnel enhancing leadership depth.
• Demonstrates commitment to team development and investor service.
• Strong financial backing with over $12.6 billion in committed capital.

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• None.

CHICAGO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Following a successful year in 2022, RCP Advisors (“RCP”) is pleased to announce two partner-level and several senior-level promotions.

Michael Rice, responsible for overseeing fundraising and business development, has been promoted to Partner; Jon Soffer, co-portfolio manager of RCP’s co-investments funds, has been promoted to Partner; Peter Jasaitis, responsible for investment analysis and selection, has been promoted to Principal; Andrew Ogletree, responsible for legal and compliance affairs, has been promoted to Principal; Julie Douglass, responsible for internal accounting and financial reporting, has been promoted to Manager; and Alex Williams, responsible for supporting fundraising and business development, has been promoted to Vice President.

“We are excited to announce these promotions, which recognize years of achievement and which augment our leadership talent across all of RCP’s main functional areas,” said Charlie Huebner, Managing Partner at RCP Advisors. “As RCP grows, we are committed to enhancing the capabilities and quality of our team to better serve our investors.”

Founded in 2001, RCP Advisors is a private equity investment firm that provides access to lower middle market private equity fund managers through funds-of-funds, secondary funds, and co-investment funds, as well as provides advisory and research services. With over $12.6 billion in committed capital and 55 full-time professionals as of January 24, 2022, RCP believes that it is one of the largest fund sponsors focused on the lower middle market segment of the North American private equity market.

FAQ

What recent promotions were announced by RCP Advisors?

RCP Advisors promoted Michael Rice and Jon Soffer to Partner, and several others to senior positions.

When did RCP Advisors announce the promotions?

The promotions were announced on January 24, 2023.

What is RCP Advisors known for?

RCP Advisors is known for private equity investment in the lower middle market, managing over $12.6 billion in committed capital.

Who is the Managing Partner at RCP Advisors?

Charlie Huebner is the Managing Partner at RCP Advisors.