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umiak

03/30/18 11:14 PM

#6953 RE: value1008 #6952

"P10 will augment the RCP principals’ investments in new funds with P10 funds". To clarify, are RCP principals (which P10 is not) capitalizing new private equity funds that are then sold to individual and group investors, thus creating another income source as the fund grows? P10, as cash accumulates, will be able to also fund the funds of the RCP principals’ investments. So in the end they are getting a fix % of a growing pool, that they also happen to have some money invested in? Hope this is clear.