Archive: Announcements

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…

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…