RCP Advisors has raised $143.4 million so far for its RCP Fund VIII, which has a target size of $250 million. The firm closed the fund's predecessor, RCP Fund VII, on $300 million just last year. PTP Securities is acting as placement agent for the most recent fund. RCP provides access to lower middle-market private equity fund managers through funds-of-funds and direct co-investments. The firm generally works with buyout fund managers with funds of between $100 million and $1 billion in committed capital.