RCL originated from a 50+ year background in real estate to become an opportunistic, well-capitalised and unique offering in global real estate and private equity business. RCL remains an active property developer across many sub-sectors including residential, logistics, designer outlets and student accommodation. In 2015, RCL began a direct and co-investment programme in the private equity asset class and has since built an international growth capital portfolio focusing on SMEs across a range of sectors.