Valor Equity Partners
We're Valor — a different kind of private investment firm. We pioneered the idea of operational growth.
- Regulatory AUM
- $59B
- PE fund assets
- $63B
- PE funds
- 53
- Investments held
- 34 of 87
19 additional team members, 22 additional counterparties and placement agents, 162 additional funds, deals and LP commitments
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- Form Dnew offering
Filed a Form D on 26 Aug 2026, the first public sign that a vehicle is taking commitments.
A vehicle in market is when LPs and placement agents can still get in.
- +9funds on Form ADV
Private equity funds on its Form ADV went from 44 to 53 (+9).
New vehicles are a new flagship's feeders, parallels and co-invest sleeves being stood up: capacity arriving before the capital is announced.
People to know
View all people- PartnerWhy: Partner: part of the investment decisionProfile
- Partner, Co-PresidentWhy: Runs the firm (chief executive or president)Profile
- Partner, Co-President And TreasurerWhy: Runs the firm (chief executive or president)Profile
Capital path
who backs this record, through what, into what; each name opens its own path- California Public Employees' Retirement System$1.6B disclosed
- California State Teachers' Retirement System$120M disclosed
- New York State Common Retirement Fund$20.0M disclosed
- Valor Compute Infrastructure L.P.vintage 2025
- VCI Intermediate Topco 1 LLCvintage 2025
- Mercury Capital Advisors, LLCplacement agent, 10 shared
- UBS Switzerland Agplacement agent, 8 shared
- Morgan Stanleyplacement agent, 8 shared
Relationship network
201 connected entities
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 4 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 67 of 68 distinct vehicles are sworn Private Equity Funds; 55 reported gross assets on a filing in 2022 or later
- Size band
- Large capdefined by: proxy: $62.75bn Private Equity Fund GAV on the Form ADV filed 2026-04-29
- Strategies
- Infrastructure, secondaries
Classification history (4)
- Sep 24, 2026Buyout firm (confirmed, 85%)67 of 68 distinct vehicles are sworn Private Equity Funds; 55 reported gross assets on a filing in 2022 or later
- Sep 23, 2026Venture firm with private equity activity (probable, 70%)The venture graph classifies the same adviser CORPORATE_VENTURE
- Sep 13, 2026Venture firm with private equity activity (probable, 70%)The venture graph classifies the same adviser CORPORATE_VENTURE
- Sep 13, 2026Buyout firm (confirmed, 85%)50 of 52 distinct vehicles are sworn Private Equity Funds; 40 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $59B · 53 PE funds · filed Apr 29, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 13, 2012 to Apr 29, 2026
- RAUM
- $59Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 53
- PE fund GAV, latest filing
- $63Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $64Bevery private fund type, latest filing
- 2024 PE fund GAV
- $63Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 99%
- Fund type mix
- Private equity fund: 53 funds, $63B reported gross assets, 67 ever reported
- Venture capital fund: 1 fund, $787M reported gross assets
- Employees
- 89
- Headquarters
- Chicago, IL
Stated criteria beside observed behaviour2 of 8 criteria stated · 84 observed dealsShowHide
- Sectors
- Manufacturing, distribution, technology, food beverage, transportation logistics
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- Today, we continue to invest in technology and technology-enabled companies that innovate and disrupt existing industries — from biosciences to transportation to food to health and wellness.
- On record
- 84 companies, 87 holdings
- Period
- 2016 to 2026 (10 dated observations, 77 holdings undated)
- Most deals
- Software (5 of 84, e.g. SpaceX and Weka.io), business services (2 of 84), aerospace defense (1 of 84) and 4 more
- Subsectors
- Software (4 of 84), management consulting (1 of 84), aerospace defense (1 of 84), financial services (1 of 84) and 4 more
- Deal roles
- 4 minority stakes, 83 with role not stated
- Control
- 4 minority, 83 not stated
- Where
- Ny (4 of 84), co (3 of 84), il (3 of 84), ca (2 of 84), pa (1 of 84) and 2 more
84 companies on the graph (0 transactions); most in software (5); observed 2016 to 2026
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Valor Compute Infrastructure · 2 vehicles · vintage 2025$2.4B
- Valor Compute Infrastructure Infrastructure fund$2.4B
- Valor Compute Infrastructure Infrastructure fund · 2025
VCI Intermediate Topco 1 · 1 vehicle · vintage 2025$1.5B
- VCI Intermediate Topco 1 Feeder or parallel$1.5B
Decision makers
- Bradley Sheftel · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility; Confirmed current on the firm's own site 2026-09-30LinkedIn or profile link on file (firm website), confirmed 2026-09-13, confidence 90%
- Juan Alfonso Sabater · Partner, Co-PresidentWhy this person: Runs the firm (chief executive or president); Named with investment responsibility; Confirmed current on the firm's own site 2026-09-30LinkedIn or profile link on file (firm website), confirmed 2026-09-13, confidence 90%
- Jonathan Shulkin · Partner, Co-President And TreasurerWhy this person: Runs the firm (chief executive or president); Confirmed current on the firm's own site 2026-09-30LinkedIn or profile link on file (firm website), confirmed 2026-09-13, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 3 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites); Investment organization websites (team, portfolio, strategy, criteria, news). A person named by two sources under two spellings is shown once, with both sources.- Partner, Co-President · since Jun 1, 2010
- Partner, Co-President And Treasurer · since Jan 1, 2003
- Partner
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 87 portfolio relationships and 0 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Sep 2, 2026 venture round | Medici Brands | Portfolio relationship | Minority | active held 1 month | unknown | Fact DFX cross-reference |
| Apr 30, 2026 venture round | Disa Technologies, Inc. | Portfolio relationship | Minority | active held 5 months | unknown | Fact DFX cross-reference |
| Jan 13, 2026 venture round | Defense Unicorns, Inc. | Portfolio relationship | Minority | active held 9 months | unknown | Fact DFX cross-reference |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- On BDC schedules
- 0 of 2 linked
- at Jun 30, 2026
- Principal held
- n/a
- 0 lenders
- Weighted mark
- n/a
- on cost
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- None of the 2 borrowers linked to this sponsor is on a BDC schedule at Jun 30, 2026 under a current or listed ownership.
Show the credit outlook: 0 borrowers, 0 lenders, 0 quartersas of Jun 30, 2026
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- Mercury Capital Advisors, LLC 10 shared · very strong · last Jul 10, 2020
- UBS Switzerland Ag 8 shared · very strong · last Mar 3, 2023
- Morgan Stanley 8 shared · very strong · last Aug 21, 2026
Placement agents by fund generation
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| Morgan Stanley | 8 | vintages 2019 to 2022 | Equity Partners | not on the vintage 2025 generation |
| UBS Financial Services Inc. | 2 | vintage 2022 | not stated | not on the vintage 2025 generation |
| ABG, LLC | 6 | vintages 2021 to 2022 | Equity Partners | not on the vintage 2025 generation |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.- 3 commitments to 3 funds · $1.6B disclosed
- 3 commitments to 3 funds · $120M disclosed
- 1 commitment to 1 fund · $20.0M disclosed
Events
Valor Equity Partners is the same institution as 4 records in Allocators, Venture Capital, RIA and Wealth and Independent Sponsors.
DFX found 4 relationships across 4 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Valor Equity Partners sits on 10 traced paths of capital across the graphs.
DFX traced 10 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- PE fund count changed2026-04-29source on record
- Adviser first ADV filing2012-02-13source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: deals, last 12 months.