FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Levy Sander M. 2. Date of Event Requiring Statement (Month/Day/Year) 07/24/2007 3. Issuer Name and Ticker or Trading Symbol VALIDUS HOLDINGS LTD [VR] (Last) (First) (Middle) C/O VALIDUS RE, SUITE 1790, 48 PAR-LA-VILLE ROAD 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) HAMILTON, D0 HM11 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Shares 8,571,427 I See Note (1) (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to acquire common shares	  (4)	12/12/2015	Common Shares	972,810	$ 17.5	I	See Note (2) (3)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Levy Sander M. C/O VALIDUS RE SUITE 1790, 48 PAR-LA-VILLE ROAD HAMILTON, D0 HM11	  X	Â	Â	Â

Signatures

John Schuster, Power-of-Attorney		07/24/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes shares and options held by funds affiliated with or managed by Vestar Capital Partners: Vestar AIV Employees Validus Ltd., Vestar AIV Holdings B L.P., and Vestar AIV Holdings A L.P.
(2)	Includes warrants held by funds affiliated with or managed by Vestar Capital Partners: Vestar AIV Employees Validus Ltd. (10,236.3 warrants), Vestar AIV Holdings B L.P. (8,130.9 warrants), and Vestar AIV Holdings A L.P. (954,442.5 warrants).
(3)	Sander M. Levy is a managing director of Vestar Capital Partners and may be deemed to have a pecuniary interest in the shares and warrants held thereby. Mr. Levy disclaims existence of a group and disclaims beneficial ownership of the shares, options and warrants owned by entities affiliated with or managed by Vestar Capital Partners.
(4)	Warrants are exercisable at any time prior to Expiration Date.

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