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…
Archive: Announcements
Värde Partners Names New Partners, Deputy CIO
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…
Investor Group Led by Funds Managed by Affiliates of Apollo Global Management and Värde Partners to Acquire a Significant Position in OneMain Holdings from Fund Managed by an Affiliate of Fortress Investment Group
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…
Värde Partners and Touchstone Communities Acquire Land for New Master Planned Community in North San Diego County
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…
Värde Partners Acquires CreditShop
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.…
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…