Stifel, Eaton Partners, and RCP Advisors’ Launch of Twelve Degrees

Dechert advised Stifel Financial Corp. and Eaton Partners on the deal.

Stifel Financial Corp. and Eaton Partners, a Stifel company, announced the launch of Twelve Degrees, a strategic collaboration with RCP Advisors, a subsidiary of P10, Inc., focused on investing in and providing capital solutions to leading emerging and first-time alternative investment 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.

Stifel is a diversified global wealth management and investment banking company. Eaton Partners, a Stifel Company, is one of the world’s largest capital placement agents and fund advisory firms, having raised more than US$130 billion for over 175 highly differentiated alternative investment funds and offerings.

Founded in 2001, RCP Advisors, a subsidiary of P10, Inc. (NYSE: PX), 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. 

The Dechert team included corporate partners Kenneth Young (Picture) and Stephen Pratt and associates Sean Herron and Nicholas Thompson; tax partner Ari Zak; financial services and investment management partners David Harris and Michael Sherman and counsel Robert Rhatigan; intellectual property partner Jennifer Insley-Pruitt; and employee benefits partner Kevin Kay.

Involved fees earner: David Harris – Dechert; Sean Herron – Dechert; Jennifer Insley-Pruitt – Dechert; Kevin Kay – Dechert; Stephen Pratt – Dechert; Robert Rhatigan – Dechert; Michael Sherman – Dechert; Nicholas Thompson – Dechert; Kenneth Young – Dechert; Ari Zak – Dechert;

Law Firms: Dechert;

Clients: Eaton Partners, LLC; Stifel Financial Corp.;