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SpaceX investor Valor Equity raises $1.7bn in the latest growth equity fund


SpaceX investor Valor Equity raises $1.7bn in the latest growth equity fund
Thursday, April 29, 2021
Laxman Pai, Opalesque Asia:
Chicago- headquartered Valor Equity Partners announced that it officially closed its fifth fund - Valor Equity Partners V - at $1.7 billion. The oversubscribed fund closed at its hard cap.
Following the Fund V close, Valor is managing approximately $7.3 billion in regulatory assets from a broad range of global, institutional, family office, and high net worth investors.
Led by Antonio Gracias, Valor is perhaps best known for its investments in Elon Musk-owned companies Tesla, SpaceX, and The Boring Company. It s also backed a handful of Chicago startups, such as Cameo, Ocient, Fooda, Catalytic, and Uptake. ....

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Valor Equity Partners raises $1.7 billion for growth equity fund


Valor Equity Partners raises $1.7 billion for growth equity fund
The oversubscribed fund closed at its hard cap.
The previous fund, Valor Equity Partners IV, closed at $1.05 billion in 2018.
Valor Equity Partners V will make initial growth-oriented investments of between $25 million and $75 million in technology-enabled companies, a news release said Wednesday.
Investors include the $247.7 billion New York State Common Retirement Fund, Albany; the $51 billion Illinois Municipal Retirement Fund, Oak Brook, and the Wyoming State Loan and Investment Board, Cheyenne, which oversees $22.7 billion in state permanent funds.
Officials at Valor Equity Partners could not be immediately reached for further information.
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Hospital brings mobile laboratory to residents


Green River Star -
 
April 22, 2021
A new mobile laboratory is just a small part of Memorial Hospital of Sweetwater County’s efforts to bring healthcare directly to those who need it.
The 37-foot mobile laboratory pulled into the hospital campus Tuesday afternoon. Including a mobile lab in the hospital’s available resources to the community will allow an increase in collection availability and improve accessibility for patients, said Laboratory Director Mary Fischer.
“Sweetwater Memorial is thrilled to be able to provide the community with a mobile laboratory to service many of their healthcare needs,” she said.
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