# Valoran Capital Management

> Valoran Capital Management is an SEC-registered investment advisory firm in Chicago, IL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 26, 2026.

- CRD: 313634
- Filed as: VALORAN CAPITAL MANAGEMENT
- Legal name: Valoran Capital Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: June 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/313634
- AdvisorCensus page: https://advisorcensus.com/firm/valoran-capital-management-chicago-il-313634

## Quick answers

**How is Valoran Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Valoran Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Valoran Capital Management located?**
Valoran Capital Management's principal office is in Chicago, IL, according to its Form ADV.

**Is Valoran Capital Management registered with the SEC or a state?**
Valoran Capital Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313634.

**How much does Valoran Capital Management manage?**
Valoran Capital Management reports $157,826,893 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary).

**How have Valoran Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Valoran Capital Management: Regulatory assets under management: $3,406,688,299 in the October 2021 data and $157,826,893 in the October 2026 data, down 95%. Total employees: 19 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Valoran Capital Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Valoran Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/313634

**What changed in Valoran Capital Management's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)). Changed its legal name from CTC Capital Management, LLC to Valoran Capital Management, LLC. Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $184,036,914 to $157,826,893 (-14%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $157,826,893
- Discretionary: $157,826,893
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $157,826,893 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- valorancapitalmanagement.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,406,688,299 | 19 | August 4, 2021 |
| October 2022 | $1,838,446,543 | 32 | September 19, 2022 |
| October 2023 | $182,095,039 | 4 | March 31, 2023 |
| October 2024 | $182,731,344 | 8 | June 28, 2024 |
| October 2025 | $184,036,914 | 8 | March 31, 2025 |
| October 2026 | $157,826,893 | 3 | June 26, 2026 |

Regulatory assets under management: $3,406,688,299 in the October 2021 data and $157,826,893 in the October 2026 data, down 95%.
Total employees: 19 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)).
- Changed its legal name from CTC Capital Management, LLC to Valoran Capital Management, LLC.
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $184,036,914 to $157,826,893 (-14%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Valoran Capital Management (CRD 313634): Form ADV filing data as of October 2026.