Valor Equity Partners has soared past its target for its fifth flagship fundraise to reach a $1.7bn final close.
The firm has easily outdone both its $1.25bn goal and the $1.05bn it collected for its predecessor vehicle with Valor Equity Partners V raise, which brings its assets under management to about $7.3bn.
It has primarily targeted the consumer, engineered products and services sectors to date.
Fund V is set to continue the firm’s strategy of investing an initial $25m and $75m in high-growth companies, with more capital available as follow-on investment.
The firm said it had already tapped Fund V for $775m of investment since January 2020, backing 14 platform deals.
Valor closed its third fund on a $490m hard cap, with all of its previous fund’s institutional, pension and large family office clients re-upping into the vehicle.
Firm founder and CEO Antonio J Gracias said, “We are extremely grateful for the support we continue to receive from our existing investors, many of whom have invested with us over multiple funds, and welcome a new group of US and international limited partners to Fund V. We are honored to have their trust and confidence.”
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