Archive: Announcements

LONDON – Masthaven, the UK specialist bank, and Värde Partners, the global alternative investment firm, today announced an agreement for Värde Partners to make a strategic £60 million equity investment in Masthaven. The investment will enable the bank to deliver against its stated ambition to become one of the leading specialist banks in UK residential and…

MUMBAI – Aditya Birla Capital Limited (ABCL) and Värde Partners (Värde), today announced an exclusive strategic partnership to pursue investments in stressed and distressed assets in India. Operating through a joint platform, both parties will evaluate investments across sectors, focusing on the acquisition, restructuring and resolution of the substantial supply of non-performing assets in India…

PROSPER, TX AND MINNEAPOLIS, MN – Värde Partners and Texas-based real estate developers Craig Martin and David Blom today announced their joint acquisition of Windsong Ranch, a master planned community in Prosper, Texas, from an affiliate of the Terra Verde Group. Messrs. Martin and Blom, the original developers of Windsong Ranch, have teamed up with…

MILAN – Värde Partners, Barclays investment bank and Guber Banca announced today the joint acquisition of a portfolio of non-performing loans originated by 53 cooperative banks, rural banks and popolari banks spread throughout Italy. The gross book value (GBV) of the portfolio is €1.397 billion. Centrale Credit & Real Estate Solutions (CCRES), part of Cassa…

LONDON – Värde Partners, the global alternative investment firm, announced today the hire of Shannon Gallagher as Head of EMEA Business Development and Investor Relations. Based in Värde’s London office, Shannon will lead the team responsible for developing and cultivating relationships with Värde’s investors across Europe, the Middle East and Africa. “We are pleased to…

NEW YORK and MINNEAPOLIS – An investor group led by funds managed by affiliates of Apollo Global Management, LLC (“Apollo”) (NYSE:APO) and Värde Partners, Inc. (“Värde”) completed the previously announced acquisition of an approximately 40.5% equity interest in OneMain Holdings, Inc. (“OneMain”) (NYSE:OMF) from investment funds managed by an affiliate of Fortress Investment Group LLC…

LONDON – Oak Hill Advisors (“OHA”) and Värde Partners (“Värde”) announced today they entered into an agreement to acquire a US$1 billion portfolio of shipping loans from Deutsche Bank. The transaction is expected to close in the third quarter of 2018 pending regulatory approvals. This represents the second sale of shipping loan portfolios from European…

LONDON – Oak Hill Advisors (“OHA”) and Värde Partners (“Värde”) announced today they entered into an agreement to acquire a US$1 billion portfolio of shipping loans from Deutsche Bank. The transaction is expected to cloMINNEAPOLIS – Värde Partners, the global alternative investment firm, today announced the closing of a $61.5 million loan for a 729,000…

MINNEAPOLIS – Värde Partners is pleased to share Co-Founder and Executive Chair Marcia Page’s commencement address to the University of Minnesota Carlson School of Management’s 2018 graduating class. Marcia addressed the importance of making good choices in business and in life as a path to demonstrating strong character. Furthermore, she challenged the graduates to consider the character…

MINNEAPOLIS – Värde Partners, the global alternative investment firm, is pleased to announce that its CEO and Co-Founder, George Hicks, and Co-CIO, Ilfryn Carstairs, both participated in panel discussions at the Milken Institute Global Conference in Los Angeles, California this week. George participated in the Common Sense from Uncommon Investors session with other founders of leading alternative…