Ep. 144: Alex Abell, RCP Advisors | Evaluating Lower Middle Market Managers and Operational Value Creation

<p>On this episode, Alex Abell, Managing Partner at RCP Advisors, explains how fund of funds investors evaluate lower middle market managers—and why fund-level benchmarking alone fails to surface which GPs are genuinely creating value. Hear how deal-level data can validate or challenge the narrative a manager pitches, why a strong return in a single deal means little without peer context and how operational metrics like entry margins and revenue CAGRs reveal whether a manager is actually improving the companies it owns.</p><p>Then learn how to evaluate the operational side of a GP—from the structures firms use to deploy functional expertise across portfolio companies, to the qualitative signals that can override a strong track record.</p><p><em>The information contained in this podcast is not intended to constitute, and should not be construed as, investment advice.</em></p>