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value1008

03/30/18 11:22 PM

#6954 RE: umiak #6953

Not entirely clear what you mean, Sugarplum.
Can you find a way to re-phrase?

When you ask, "are RCP principals ... capitalizing new private equity funds that are then sold to individual and group investors...?"

RCP Advisors create different funds and funds-of-funds for big investors to invest in. RCP Advisors principals also take investment positions in their own funds. They don't capitalize them entirely from the beginning and then "sell to individual and group investors."