Archive: Announcements

MINNEAPOLIS and NEW YORK – Värde Partners, the global alternative investment firm, today announced the hire of Andrea Raphael as Global Head of Communications and Public Affairs. Based in Värde’s New York office, Andrea will develop and lead communications and branding efforts across all regions and investing segments. “As we continue to grow as a leading,…

MINNEAPOLIS – Värde Partners, the global alternative investment firm, today announced the final close of Värde Mortgage Fund II (“VMFII” or “the Fund”) with $750 million in committed capital, reaching the hard cap set for the Fund. The Fund’s mandate is to invest in U.S. commercial and residential mortgage opportunities. VMFII will seek investments in…

Värde Partners to become the sole shareholder of WiZink, a leading independent digital bank specialized in revolving credit in Spain and Portugal. WiZink will transfer the debit and credit cards of Banco Popular customers to Grupo Santander. WiZink will remain focused on providing consumer credit and savings products as a market leader in flexible payment solutions.…

Värde Partners takes a minority stake in property tech-focused Pi Labs. Investment will be used to drive international expansion. LONDON – Property Innovation Labs (“Pi Labs”), Europe’s first property tech venture capital firm, announces a strategic equity investment to accelerate its global growth. Värde Partners, the global alternative investment firm with $13 billion in assets…

MINNEAPOLIS – Värde Partners, a global alternative investment firm, announces the closing of a commercial real estate collateralized loan obligation (CRE CLO) through Värde’s Mortgage Business. The mortgage asset pool consists of 25 recently originated, short term, floating rate, whole or pari passu mortgage assets secured by 28 properties. The aggregate principal balance of the pool…

MINNEAPOLIS and LONDON – Värde Partners is pleased to announce the appointment of two new Partners as well as the promotion of an existing Partner to Deputy Chief Investment Officer all effective January 1, 2018. Francisco Milone, Head of European Real Estate, and Scott Hartman, Head of the U.S. Corporate and Traded Credit investment team, have been promoted…

NEW YORK, NY & MINNEAPOLIS, MN ­– An investor group led by funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) and Värde Partners, Inc. (“Värde”) today announced they have entered into a definitive agreement with a company primarily owned by funds managed by an affiliate of Fortress…

SAN DIEGO – Touchstone Communities, a San Diego-based real estate investment and land development company, and Värde Partners, a global alternative investment firm, today announced the acquisition of two fully-entitled development sites in North San Diego County, California. The properties will collectively form San Diego’s newest master planned community called Park Circle (www.parkcirclelife.com). Located in…

MINNEAPOLIS – Värde Partners, the global alternative investment firm, today announced the acquisition of CreditShop. CreditShop is an independent consumer finance company that uses advanced data analytics and technology to underwrite and serve a broad consumer base. CreditShop’s asset base includes approximately $1.6 billion of MasterCard credit cards acquired from Barclaycard in March of 2017.…

NEW YORK – Värde Partners, the global alternative investment firm, today announced the hire of Ria Nova as Head of Americas Business Development and Investor Relations. Based in Värde’s New York office, Ria will lead the team responsible for developing and cultivating relationships with Värde’s investors in the Americas region. “We are committed to helping…