# Variant Equity: portfolio, investments and team

> Variant Equity is a private equity based in United States. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/variant-equity (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Variant Equity

No observed cheques in the sources we track. That is a limit of our coverage, not a finding about this organisation.

Email

Unknown New fund $102M, Aug 2019 Private equity

Buyout Growth Industrials Business Services

Follow Variant Equity and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fvariant-equity)

Cheques on record

**No rounds observed yet** A limit of the sources we read, not a finding about the firm.

Pitch Variant Equity

## What they do

> Variant is a Los Angeles-based private equity firm focused primarily on corporate divestiture transactions. From their own website

- **Type:** Private equity
- **Cheque size:** Up to $100M as they say
- **Stages:** Buyout Growth
- **Sectors:** Industrials Business Services
- **Based in:** Los Angeles, United States
- **Cold pitches:** Not stated

## The record

No rounds observed yet. That is a limit of the sources we read, not a finding about the firm. If it has invested, a round will put it here. [Know a round it was in? Tell us](https://millionrounds.com/corrections?slug=variant-equity).

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

FD **Farhaad Dossu Chanduwadia** Managing Member and Chief Compliance Officer i Form ADV

We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$338M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Variant Equity Advisors, LLC
- **SEC number:** CRD 297046

Funds on its Form ADV

**2** private funds, **$408M** in gross assets · filed Mar 2024

- Variant Equity II, L.P. *Private equity* 4 investors $228M
- Variant Equity I, L.P. *Private equity* 4 investors $180M

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 8 we have independently watched raise

[Nutrisystem](https://millionrounds.com/company/nutrisystem) Certegy Compucom Conectiv-scs Darien Group Fireflyon Gocurb Sds

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$102M**

raised in Aug 2019

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

**Pitching Variant Equity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Quick answers about Variant Equity

### What does Variant Equity invest in?

Variant Equity says it invests in Industrials and Business Services.

### Is Variant Equity investing now?

No investments in the last 12 months.

### What kind of investor is Variant Equity?

Variant Equity is a private equity firm based in Los Angeles, United States.

### How much does Variant Equity manage?

About $338M, as regulatory assets under management (Oct 2026).

### Has Variant Equity raised a new fund?

Its latest fund filing with the SEC was in Aug 2019, reporting $102M raised.

### Where does this information on Variant Equity come from?

From public registers and its own website, checked and rebuilt every night.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=variant-equity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=variant-equity)