DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Valor Equity Partners

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 160014SEC 801-73485websiteIAPD
Legal name Valor Management LLC
Latest filing Apr 29, 2026
First filing on the tape Feb 13, 2012 · 44 filings
SEC status approved since Mar 29, 2012
RAUM
$59B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
104
68 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
54
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$59B as of Apr 29, 2026
Apr 1, 2013$333M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 29, 2026
Apr 1, 20130 then
Employees (5.A)104 as of Apr 29, 2026
Apr 1, 201314 then
Private funds54 as of Apr 29, 2026
Apr 1, 20133 then
RAUM +127% over the last fiscal year+61% a year over threeIARs 0 to 0offices 4 to 5
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.0BderivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+127%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$59B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
57reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      52 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Valor Equity Partners IV L.P.Private Equity Fund$2.2B142Mar 31, 2018
      Valor Space Holdings, LLCPrivate Equity Fund$1.9B17Mar 29, 2016
      Valor M33 V L.P.Private Equity Fund$1.5B277Mar 31, 2022
      Valor Equity Partners Vi L.P.Private Equity Fund$1.5B400Mar 31, 2023
      Valor Equity Partners V L.P.Private Equity Fund$1.5B201Mar 30, 2020
      Valor M33 III L.P.Private Equity Fund$1.2B218Mar 31, 2019
      Valor M33 L.P.Private Equity Fund$1.0B29Mar 10, 2015
      Valor Equity Partners V-B L.P.Private Equity Fund$990M113Mar 30, 2020
      Valor Equity Partners Vi-B L.P.Private Equity Fund$792M129Mar 31, 2023
      Valor M33 II L.P.Private Equity Fund$788M38Mar 31, 2019
      Valor Equity Partners IV-B L.P.Private Equity Fund$532M11Mar 31, 2018
      Cv Consortio Fund L.P.Private Equity Fund$505M2Mar 30, 2024
      Valor Siren Ventures I L.P.Private Equity Fund$457M82Mar 30, 2020
      Valor M33 IV L.P.Private Equity Fund$429M33Mar 30, 2020
      Valor Equity Partners Opportunity Fund I L.P.Private Equity Fund$427M117Mar 31, 2022
      Valor Siren Ventures II L.P.Private Equity Fund$390M80Mar 31, 2022
      Valor Equity Partners III L.P.Private Equity Fund$344M126Mar 28, 2014
      Valor R&D Series LLCVenture Capital Fund$330M29Mar 29, 2016
      Valor Siren Ventures II-B L.P.Private Equity Fund$270M72Mar 31, 2022
      Valor Siren Ventures I-B L.P.Private Equity Fund$169M48Mar 30, 2020
      Valor Equity Partners IV-A L.P.Private Equity Fund$125M42Mar 31, 2018
      Valor Equity Partners Opportunity Fund I-B L.P.Private Equity Fund$79.2M129Mar 31, 2022
      Wow Bao Holdings, LLCPrivate Equity Fund$76.9M3Mar 31, 2019
      Rama Sita LLCno longer reportedPrivate Equity Fund$63.9M15Mar 29, 2016
      Valor Equity Partners V-A L.P.Private Equity Fund$62.4M54Mar 30, 2020
      Valor Siren Ventures I-A L.P.Private Equity Fund$59.1M24Mar 30, 2020
      Valor Dmnr Holdings, LLCPrivate Equity Fund$50.0M2Mar 31, 2022
      Vsv Lesserevil Holdings L.P.Private Equity Fund$49.5M8Mar 31, 2022
      Valor Gopuff Co-Invest I L.P.Private Equity Fund$43.9M16Mar 31, 2019
      Valor Equity Partners Opportunity Fund I-A L.P.Private Equity Fund$42.1M15Mar 31, 2022
      Vsv Little Spoon Holdings L.P.Private Equity Fund$40.6M4Dec 21, 2020
      Valor Equity Partners III-A L.P.Private Equity Fund$38.6M48Mar 28, 2014
      Valor Siren Ventures II-A L.P.Private Equity Fund$35.5M34Mar 31, 2022
      Valor Equity Partners Vi-A L.P.Private Equity Fund$31.3M30Mar 31, 2023
      Vsa Equity Holdings LLCno longer reportedPrivate Equity Fund$29.9M3Mar 29, 2016
      Life Care Partners LLCno longer reportedPrivate Equity Fund$20.8M5Mar 29, 2016
      Valor Equity Partners, L.P.no longer reportedPrivate Equity Fund$18.6M68Feb 13, 2012
      Vsv Pangaia Holdings L.P.Private Equity Fund$18.2M6Mar 31, 2022
      Vsv Good Karma Holdings L.P.Private Equity Fund$13.9M5Dec 21, 2020
      Vsv Bokksu Holdings L.P.Private Equity Fund$12.4M5Mar 31, 2022
      All funds of Valor Equity Partners
      Owners and control persons
      Schedule A and B, latest filing
      • Marie Anne Dean · Chief Financial Officercontrol
        since 09/2022 · owns less than 5%
      • Jose Antonio Gracias · Partner, Ceo, Ciocontrol
        since 01/2003 · owns less than 5%
      • Hyun Chung Cassie Peterson · Chief Compliance Officercontrol
        since 02/2023 · owns less than 5%
      • Alfonso Juan Sabater · Partner, Co-Presidentcontrol
        since 06/2010 · owns less than 5%
      • Kiefer Jonathan Shulkin · Partner, Co-President And Treasurercontrol
        since 01/2003 · owns less than 5%
      • William Stephen Swanson · Chief Legal Officercontrol
        since 08/2021 · owns less than 5%
      • Jose Antonio Gracias · Managing Membercontrol
        since 06/2019 · owns F of Valor Funds Group LLC
      • Jose Antonio Gracias · Sole Shareholder; Sole Directorcontrol
        since 12/2019 · owns 75% or more of Valor Holdings Corp.
      Entity owners
      • Valor Funds Group LLC · Managing Member
        direct · owns less than 5%
      • Valor Management L.P. · Member
        direct · owns 75% or more
      • Valor Funds Group LLC · General Partner
        indirect · owns F of Valor Management L.P.
      • Valor Holdings Corp. · Member
        indirect · owns 75% or more of Valor Funds Group LLC
      • Valor Holdings Corp. · Limited Partner
        indirect · owns 75% or more of Valor Management L.P.
      Related persons
      Schedule D 7.A
      • V-Square Quantitative Management
        investment advisernRAUM $1.4B
      • Valor Blue Ocean Holdings Manager, LLC
        pooled vehicle sponsory
      • Valor Dmnr Holdings Manager, LLC
        pooled vehicle sponsory
      • Valor Equity Associates IV L.P.
        pooled vehicle sponsorn
      • Valor Equity Associates V L.P.
        pooled vehicle sponsorn
      • Valor Equity Associates Vi L.P.
        pooled vehicle sponsorn
      • Valor Equity Management II L.P.
        pooled vehicle sponsory
      • Valor Equity Management III L.P.
        pooled vehicle sponsory
      • Valor Gopuff Co-Invest Management I L.P.
        pooled vehicle sponsory
      • Valor M33 II Management L.P.
        pooled vehicle sponsory
      • Valor M33 III Management L.P.
        pooled vehicle sponsory
      • Valor M33 IV Management L.P.
        pooled vehicle sponsory
      • Valor M33 Management L.P.
        pooled vehicle sponsory
      • Valor M33 V Management L.P.
        pooled vehicle sponsory
      • Valor M33 Vi Management L.P.
        pooled vehicle sponsory
      • Valor Opportunity Associates I L.P.
        pooled vehicle sponsorn
      • Valor R&D Management LLC
        pooled vehicle sponsory
      • Valor Sv Associates II L.P.
        pooled vehicle sponsorn
      • Valor Sv Associates L.P.
        pooled vehicle sponsory
      • Vsv Bokksu Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Boox Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Good Karma Gp Holdings, LLC
        pooled vehicle sponsory
      • Vsv Lesserevil Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Little Spoon Gp Holdings, LLC
        pooled vehicle sponsory
      • Vsv Pangaia Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Rind Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Shameless Pets Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Verb Gp Holdings, LLC
        pooled vehicle sponsorn
      • Vsv Yay Lunch Gp Holdings, LLC
        pooled vehicle sponsorn
      Advisers that list Valor Equity Partners as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY13 employees
      • Seattle, WA3 employees
      • Miami, FL2 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Apr 29, 2026
        RAUM (Item 5.F) moved from $26,076,132,878 to $59,316,626,010 (+127.0%) between the annual amendments of 2025-03-31 and 2026-04-29; the peer median change was +15.0% (471 comparable advisers, 99.0th percentile of changes)
        peers: asset managers, $20B and over (471) · 99% percentile
      What changed
      consecutive filings, newest first
      • Other offices · 6 to 5
        Mar 31, 2026 to Apr 29, 2026
      • Private funds · 57 to 54
        Mar 31, 2026 to Apr 29, 2026
      • Accounts · 52 to 57
        Feb 19, 2026 to Mar 31, 2026
      • Advisory employees · 70 to 68
        Feb 19, 2026 to Mar 31, 2026
      • Pooled vehicle clients · 52 to 57
        Feb 19, 2026 to Mar 31, 2026
      • Employees · 99 to 104
        Feb 19, 2026 to Mar 31, 2026
      • Other offices · 5 to 6
        Feb 19, 2026 to Mar 31, 2026
      • Private funds · 51 to 57
        Feb 19, 2026 to Mar 31, 2026
      • Discretionary RAUM · $25B to $56B
        Feb 19, 2026 to Mar 31, 2026
      • Non-discretionary RAUM · $1.3B to $3.2B
        Feb 19, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $26B to $59B
        Feb 19, 2026 to Mar 31, 2026
      • RAUM · $26B to $59B
        Feb 19, 2026 to Mar 31, 2026
      • Other offices · 4 to 5
        Nov 21, 2025 to Feb 19, 2026
      • Private funds · 49 to 51
        Mar 31, 2025 to Nov 21, 2025
      • Accounts · 48 to 52
        Feb 26, 2025 to Mar 31, 2025
      • Advisory employees · 60 to 70
        Feb 26, 2025 to Mar 31, 2025
      • Pooled vehicle clients · 48 to 52
        Feb 26, 2025 to Mar 31, 2025
      • Employees · 89 to 99
        Feb 26, 2025 to Mar 31, 2025
      • Financial planning clients · unset to
        Feb 26, 2025 to Mar 31, 2025
      • Other offices · 3 to 4
        Feb 26, 2025 to Mar 31, 2025
      • Private funds · 47 to 49
        Feb 26, 2025 to Mar 31, 2025
      • Discretionary RAUM · $16B to $25B
        Feb 26, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $505M to $1.3B
        Feb 26, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $17B to $26B
        Feb 26, 2025 to Mar 31, 2025
      • RAUM · $17B to $26B
        Feb 26, 2025 to Mar 31, 2025
      • Private funds · 46 to 47
        Sep 4, 2024 to Feb 26, 2025
      • Advisory employees · 46 to 60
        Oct 30, 2023 to Mar 30, 2024
      • Pooled vehicle clients · 44 to 48
        Oct 30, 2023 to Mar 30, 2024
      • Assets in custody · 0.0 to unset
        Oct 30, 2023 to Mar 30, 2024
      • Employees · 82 to 89
        Oct 30, 2023 to Mar 30, 2024
      • Private funds · 44 to 46
        Oct 30, 2023 to Mar 30, 2024
      • Discretionary RAUM · $14B to $16B
        Oct 30, 2023 to Mar 30, 2024
      • Non-discretionary RAUM · $0 to $505M
        Oct 30, 2023 to Mar 30, 2024
      • Pooled vehicle RAUM · $14B to $17B
        Oct 30, 2023 to Mar 30, 2024
      • RAUM · $14B to $17B
        Oct 30, 2023 to Mar 30, 2024
      • Accounts · 45 to 48
        Oct 30, 2023 to Mar 30, 2024
      • Accounts · 41 to 45
        Jan 9, 2023 to Mar 31, 2023
      • Advisory employees · 36 to 46
        Jan 9, 2023 to Mar 31, 2023
      • Pooled vehicle clients · 41 to 44
        Jan 9, 2023 to Mar 31, 2023
      • Employees · 64 to 82
        Jan 9, 2023 to Mar 31, 2023
      Signals
      14 dated events
      • Valor Equity Partners reported RAUM $59.3B, up 127% from $26.1B (2026-02-19 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Valor Equity Partners reported RAUM $26.1B, up 53% from $17.0B (2025-02-26 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Marie Dean Anne (Chief Financial Officer) appeared on Schedule A of Valor Equity Partners
        Oct 2, 2023 · Control person joined · fact
      • Anne Marie Morley (Chief Financial Officer) no longer on Schedule A of Valor Equity Partners (listed 2023-03-31, absent 2023-10-02)
        Oct 2, 2023 · Control person left · inference
      • Valor Equity Partners reported RAUM $14.2B, up 27% from $11.2B (2023-01-09 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Hyun Chung Cassie Peterson (Chief Compliance Officer) appeared on Schedule A of Valor Equity Partners
        Mar 31, 2023 · Control person joined · fact
      • Louise Nancy Kowalczyk (Chief Compliance Officer) no longer on Schedule A of Valor Equity Partners (listed 2022-03-31, absent 2022-06-09)
        Jun 9, 2022 · Control person left · inference
      • Valor Equity Partners reported RAUM $11.2B, up 54% from $7.3B (2021-09-10 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • William Stephen Swanson (Chief Legal Officer) appeared on Schedule A of Valor Equity Partners
        Sep 10, 2021 · Control person joined · fact
      • Valor Equity Partners reported RAUM $7.3B, up 25% from $5.8B (2020-12-21 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • Valor Equity Partners reported RAUM $4.8B, up 44% from $3.4B (2020-01-29 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Valor Equity Partners reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 29, 2020 · Succession (Item 4) · fact
      • Anne Marie Morley (Chief Financial Officer) appeared on Schedule A of Valor Equity Partners
        Jan 29, 2020 · Control person joined · fact
      • Valor Equity Partners reported RAUM $3.4B, up 26% from $2.7B (2018-03-31 to 2019-03-31)
        Mar 31, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/valor-equity-partnersreportedpublic record, Form ADV, Sep 17, 2026
      Website
      VALOREP.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-683-1900reportedpublic record, Form ADV, Apr 29, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026