Stifel Financial Corp, Eaton Partners – a Stifel Company – and RCP Advisors (RCP), a subsidiary of P10, Inc. (NYSE: PX), today announced the launch of Twelve Degrees, a strategic partnership focused on investing in and providing capital solutions to leading emerging and first-time alternative investment fund managers.
Twelve Degrees will combine Eaton’s capabilities as one of the largest global placement agents and financial advisory firms with RCP’s access to lower-middle-market private equity fund managers. Twelve Degrees will provide flexible capital solutions, strategic advice, back-office infrastructure, access to broader Stifel banking services, and global distribution, capital formation, and marketing capabilities designed to help emerging and first-time managers build and scale their businesses.
These services will be provided in exchange for GP-level economics through anchor commitments, expansion capital, and working capital investment strategies that offer substantially more upside than traditional LP commitments.
