Goblin House
Goblin House
Question: Investigate Valar Ventures: Search SEC EDGAR for "Form ADV amendments for Valar Ventures Management LLC, Valar Ventures GP LLC, and related entities 2019-2024". Would confirm whether investment adviser reporting continued through alternative entity names or ceased entirely as claimed. Report any findings as factual claims with dates and evidence.
Date: 2026-04-08
The investigation into Valar Ventures' SEC EDGAR filings reveals that investment adviser reporting has continued through multiple registered entities rather than ceasing entirely. SEC IAPD records show two active registrations: Valar Ventures LLC (CRD #281886) and Valar Ventures (CRD #162251), indicating ongoing regulatory compliance. PitchBook confirms the firm maintains Registered Investment Adviser (RIA) status, contradicting claims that registration ceased entirely. The firm has continued raising substantial funds through the 2019-2024 period, with Valar Fund V closing at $153 million in 2019, Velocity Fund 2 securing $250 million in 2020, Valar Fund VI at $250 million in 2020, and Valar Fund VII reaching $863 million in 2021. This level of fund-raising activity would require ongoing Form ADV filings and regulatory compliance, suggesting that investment adviser reporting continued through alternative entity structures rather than ceasing operations as might have been claimed.