Valeas Capital Partners Closes $600M Inaugural Fund, Managing $1.2B in Assets
– Valeas Capital Partners, a San Francisco-based private equity firm, closed its first institutional fund, VCP Fund I, at over $600 million, exceeding its target
– Focuses on partnering with growth-oriented businesses to build leading business franchises.
– Strong support from institutional investors, former colleagues, and founders/CEOs from prior partnerships.
– Total assets under management now approximately $1.2 billion.
– Co-founded by Rob Little and Ed Woiteshek, former colleagues at Hellman & Friedman. Combined investment and operating expertise.
– Built a cross-functional team with investor-operator skillsets.
– The general partner is the fund’s largest investor, ensuring alignment with limited partners.
– Rob Little: Highlights Valeas’ collaborative approach to professionalizing businesses and accelerating growth.
– Ed Woiteshek: Emphasizes the values-based culture, proprietary sourcing network, and investor-operator mindset as key to value creation and management partnerships.
– Portfolio Highlights: CINQCARE, Sequoia Financial Group, Baker Tilly, Ren, Well.
– Placement agent: Connaught (U.S.) LLC.
– Legal advisor: Kirkland & Ellis.