Valor Equity Fund III raises $490 mln
Valor Equity Partners said Tuesday it closed its third fund at $490 million, exceeding its initial $350 million target. All of Fund II's existing institutional pension and large family office clients made commitments to Fund III. Kirkland & Ellis LLP served as legal advisor. Chicago-based Valor makes expansion, growth, and buyout investments. The PE firm has invested about 32 percent of Fund III in the following companies: Addepar, Fooda, Porch.com, Renovate America, and SpaceX.
2 June 2015•2 mins read
