CHICAGO, Aug. 8, 2024
/PRNewswire/ -- Valor Equity Partners (together with its
affiliates, "Valor"), an operational growth-focused private equity
investment firm with $17.5 billion in
assets under management, announced today the final closing of its
flagship fund, Valor Equity Partners VI ("Fund VI"). Fund VI
closed at $2.35 billion in
commitments, substantially oversubscribed the Fund's $2.0 billion target, receiving strong support
from existing and new limited partners. Concurrent with the
Fund VI fundraise, Valor also received over $1.0 billion in new commitments for other Valor
managed funds, including Valor Siren Ventures II, a venture fund
strategy, and the Valor Opportunity Fund, a later stage growth
fund, bringing total new commitments during the period to
$3.4 billion.
Fund VI includes a broad range of U.S. and international limited
partners, including public pension plans, sovereign wealth funds,
multinational corporations, family offices, endowments,
foundations, and high net worth investors. Antonio J. Gracias, Valor's Founder, Chief
Executive Officer, and Chief Investment Officer, noted, "We are
extremely grateful for the longstanding support we continue to
receive from our existing investors, many of whom
have partnered with us over multiple funds. We
also welcome a new group of U.S. and international limited
partners to Fund VI and our other Valor managed funds. We are
honored to have the trust and confidence of our investors as we
pursue our mission to serve exceptional founders, entrepreneurs,
and companies that are making the world a better place."
Valor's operational growth funds, including Fund VI, seek to
identify and select high-growth, "pro-entropic" companies where the
transition to a technology-enabled economy is an important
accelerant. Valor defines "pro-entropic" companies as
businesses demonstrating the ability to perform and grow across
economic and market cycles, unexpected developments, and
uncertainty. As in prior operational growth funds, Fund VI
will continue to focus on businesses that Valor believes have
achieved an inflection point in their ability to scale and are
positioned to achieve their market, revenue, and operating goals.
As Mr. Gracias further noted, "For over 25 years, we have
been privileged to partner with visionary founders and innovative
companies transforming their industries through disruptive
technology and operational excellence. As we accelerate into
the Fourth Industrial Revolution, we will continue to invest in
these mission-oriented companies that are making our world
better." Select initial Fund VI investments include SpaceX,
WEKA, xAI, and Zipline.
Valor's in-house Scale Group, known for its hands-on approach to
providing operational support to our portfolio companies, has been
recognized for its work at, among others, Tesla and SpaceX.
Fund VI continues Valor's strategy of using capital, as well as our
operational resources and expertise, to serve portfolio
companies as they transform their industries and generate
compelling returns for our limited partners.
Kirkland & Ellis LLP served as legal advisor in connection
with Fund VI and the other referenced Valor funds.
About Valor Equity Partners
Valor Equity Partners is an operational growth investment firm
focused on investing in high-growth companies across various stages
of development. For decades, Valor has served its companies
with unique expertise to solve the challenges of growth and scale.
Valor partners with leading companies and entrepreneurs who
are committed to the highest standards of excellence and the
courage to transform their industries. For more information
on Valor Equity Partners, please visit www.valorep.com.
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SOURCE Valor Equity Partners