Warren Chan
LinkedIn Copy
Warren — congrats on launching Upper Valley Partners. been working on outbound origination with B2B services and software investors and your fund has been on my radar. would be good to connect.
Warren — though we both spent time in PE (you at Anacapa and now Upper Valley, me at Treis in London), I've seen first-hand how challenging early proprietary origination can be. Been helping funds like Mentmore and Wingman with their outbound origination — curious what email infrastructure you're using these days — still mostly on shared IPs like Instantly, or have you moved to private/dedicated senders? Happy to share what's working best for similar B2B services and software funds if useful. — Russ
Email Copy
Warren — hope you had a good weekend. wanted to reach out — congrats on launching Upper Valley Partners, always impressed by those who've taken the leap. though we both spent time in PE, I hope to one day do the same. in the meantime I've been working on the origination side with funds like Mentmore and Backer Group — curious how you're thinking about origination at Upper Valley Partners. mostly proprietary or still seeing a lot through brokers? very best, Russell linkedin.com/in/russellt23
Prospect Research
## PROSPECT INFORMATION: Name: Warren Chan Title: Anacapa Partners Fund: Upper Valley Partners, LLC Background: Warren Chan is an experienced investor currently based in San Francisco, California. He serves as a Director at Anacapa Partners, a role he has held since November 2022. He also manages private family investments focused on lower middle market private equity, real estate, venture capital, and direct lending. His professional background is rooted in finance and mathematics. He earned a Bachelor's Degree in Mathematics from the Massachusetts Institute of Technology (2010) and an MBA from Columbia Business School (2017). Prior to his current roles, he held senior positions at Relay Investments as Senior Vice President and worked at CARE Investment Trust. His early career include analyst roles at Napier Park Global Capital, New Holland Capital, and Bank of America Merrill Lynch in Global Rates & Currencies. He possesses strong technical skills in hedge funds, fixed income, portfolio management, and financial modeling. Key LinkedIn Posts and Insights: On October 18, 2025, Warren attended the MIT AI Conference and MIT Alumni Startups (MITAS) event. He posted: "Starting off the day with a roundtable on de-risking agentic AI investments. What kinds of experiments have your companies run utilizing AI agents?" On January 23, 2023, he shared his involvement in the seniors housing sector, stating: "I’ll be speaking at the 2023 NIC Spring conference on the topic of Mission and Margin on March 2. If you will be in San Diego at #NICSpring23 , come to my session and say hello... Excited to share what investments we're growing and are interested in." On April 16, 2021, Warren shared a deeply personal post regarding advocacy and his background: "In my junior year of high school, I ran for class president, and a classmate told me that 'it wasn’t right for an Asian to be in a leadership position.' Two teachers also actively tried to discourage me from running for office." In the same post, he committed to matching $10,000 in donations to support the AAPI Community Fund and Asian Americans Advancing Justice to #StopAsianHate. Fund details: - Description: Upper Valley Partners is a search fund, an entrepreneurial investment partnership formed to identify, acquire, operate, and grow a single business in the United States. We’re different from traditional investors; while we have the backing of institutions, Upper Valley Partners is founded and led by entrepreneur Ray Rudianto. Ray brings with him unique experiences from growing up around family business, practical skills from the foundational business training he’s received (ex-Bain, operating experience at fintech, HBS), and most importantly differentiated perspectives on leadership (having been a leader in different capacities and having observed great CEOs as a consultant who advised them). Unlike traditional private equity or strategic buyers, Ray is focused on preserving one business' legacy and further developing the team throughout the next incredible chapters. - Website: https://www.uppervalleypartners.com/ - Location: San Francisco, California, United States - Lead qualification: Research: - Query: =Upper Valley Partners, LLC Warren Chan recent investments fund thesis - Answer: Warren Chan is a partner at Upper Valley Partners, LLC, focused on acquiring and growing a single business. Ray Rudianto leads the firm, emphasizing legacy preservation and team development. Recent investments include notable real estate properties.