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.…
Archive: Announcements
Värde Partners Hires Ria Nova as Head of Americas Business Development and Investor Relations
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…
Värde Partners Announces Houston Office Opening
HOUSTON – Värde Partners, the global alternative investment firm, today announced the opening of a new office in Houston, Texas. The office will be led by Markus Specks, Managing Director who joined Värde in 2008 and leads the firm’s energy business. Värde’s presence in Houston reinforces the firm’s commitment to the energy sector and further…
Värde Partners and Indies Capital Partners announce Investment Partnership – See Significant Opportunity in Indonesia Private Debt
SINGAPORE – Värde Partners, the US $12 billion global alternative investment firm, and Indies Capital Partners, an Indonesia-focused asset manager, today announced a strategic alliance including the creation of an Investment Platform. The new platform aims to invest in private debt opportunities across industries in Indonesia. “We believe that there is a compelling opportunity to…
Värde Named Hybrid Hedge Fund Manager of the Year by Institutional Investor
NEW YORK – Värde Partners, the $12 billion global investment firm, was named Hybrid Hedge Fund Manager of the Year by Institutional Investor. Värde was selected from a field of five firms. The award is based on a number of criteria including risk management, investment discipline and selection, portfolio management, performance track record, stability of investment…
Värde Closes on Five Commercial Mortgage Originations
MINNEAPOLIS – Värde Partners, the $12 billion global investment firm, announced today that it has recently closed commercial mortgage originations in five states across the U.S. The aggregate amount of the loans exceeds $93 million. “We are pleased with the interest in the marketplace for our commercial mortgage products,” said Brian Schmidt, Partner and Head…
Värde Sells Controlling Stake in Aliseda to Popular
MADRID – Värde Partners, the $12 billion global investment firm, will sell 51% of Aliseda to Banco Popular, now under the control of Santander, pursuant to a call option structured by Värde and exercised by Banco Popular. The enterprise value of the company implied by the option price is in excess of €600 million. The transaction…
Värde Partners sells Oakwood Homes to Clayton Properties Group
Berkshire Hathaway’s Clayton Properties Group buys Colorado’s Largest Private Homebuilder MINNEAPOLIS – Värde Partners, along with its minority partner Mountain Real Estate Capital (“MREC”), sold Oakwood Homes to Clayton Properties Group, a division of Clayton Homes, a Berkshire Hathaway company. The deal closed on July 3; terms were not disclosed. Värde and MREC invested in Oakwood Homes in…
Värde Partners Acquired Apita Nagoya Minami Retail Facility
NAGOYA, JAPAN – Värde Partners, the $12 billion global alternative investment firm, today closed on its acquisition of the Apita Nagoya Minami retail asset located in central Nagoya. The 440,635 square foot retail facility was originally built in 1996 and is located in a well-populated area with strong access to major throughways within the City…
Värde Partners and York Capital Management Sell Redcape Hotel Group to Moelis Australia
New South Wales and Queensland Pub Group’s leading portfolio and experienced team appealing SYDNEY – Värde Partners and York Capital Management today agreed to sell Redcape Hotel Group to Moelis Australia for $677 million. Redcape is one of Australia’s largest operator of hotels, with 25 properties in New South Wales and Queensland. The deal is…