Valor Equity Partners, an operational growth-focused private equity investment firm with $17.5bn in assets under management, has held the final closing of its flagship fund, Valor Equity Partners VI at $2.35bn, surpassing its original $2bn target.
The fund received strong support from existing and new limited partners, including public pension plans, sovereign wealth funds, multinational corporations, family offices, endowments, foundations, and high net worth investors.
Concurrent with the Fund VI fundraise, Valor also received over $1bn 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 $3.4bn.
According to a press statement, 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.
Kirkland & Ellis LLP served as legal advisor in connection with Fund VI and the other referenced Valor funds.
